ATLANTA, Jan. 31, 2025 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against TELUS International (Cda) Inc. (“TELUS International” or the “Company”) (NYSE: TIXT). The lawsuit alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose adverse facts about the Company’s business, operations, and prospects, including allegations that (1) the Company’s AI Data Solutions offerings required the cannibalization of its ...

Group 1: Earnings Performance - Telus International reported quarterly earnings of $0.05 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, but down from $0.21 per share a year ago, representing an earnings surprise of 150% [1] - The company posted revenues of $658 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.22%, although this is a decrease from year-ago revenues of $663 million [2] - Over the last four quarters, Telus International has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Group 2: Stock Performance and Outlook - Telus International shares have declined approximately 53.7% since the beginning of the year, contrasting with the S&P 500's gain of 25.2% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the coming quarter at $0.04 on revenues of $677.03 million, and $0.43 on revenues of $2.63 billion for the current fiscal year [7] - The Zacks Rank for Telus International is currently 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Group 3: Industry Context - The Technology Services industry, to which Telus International belongs, is currently ranked in the top 29% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Exhibit 99.1 TELUS INTERNATIONAL (CDA) INC. CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) September 30, 2024 TELUS International (Cda) Inc. Condensed Interim Consolidated Statements of Income (Loss) and Other Comprehensive Income (Loss) (unaudited) | | | | | Three months | | | | Nine months | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Periods ended September 30 (millions except earnings | | | | | | | | | | | per share) | Note | | 2024 | | 2023 | | 2024 | | 2023 | | R ...

Investors interested in Technology Services stocks are likely familiar with Telus International (TIXT) and Braze, Inc. (BRZE) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies wi ...

Investors interested in stocks from the Technology Services sector have probably already heard of Telus International (TIXT) and Futu Holdings Limited Sponsored ADR (FUTU) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The p ...

TELUS International (Cda) Inc. (NYSE:TIXT) Q2 2024 Earnings Conference Call August 2, 2024 10:30 AM ET Company Participants Olena Lobach - IR Darren Entwistle - Chair of the TELUS Digital Board of Directors Jeff Puritt - President and CEO Gopi Chande - CFO Jason Macdonnell - Senior Vice President of Customer Service Excellence at TELUS Tobias Dengel - President of WillowTree Conference Call Participants Ramsey El-Assal - Barclays Dan Perlin - RBC Capital Markets Tien-tsin Huang - JP Morgan Stephanie Price ...

Telus International (TIXT) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -15.79%. A quarter ago, it was expected that this digital services provider would post earnings of $0.21 per share when it actually produced earnings of $0.22, delivering a surprise of 4.76%. Over the last fou ...

Exhibit 99.1 | --- | --- | --- | |-------|-----------------------------------------------------------|-------| | | | | | | TELUS INTERNATIONAL (CDA) INC. | | | | CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS | | | | (UNAUDITED) | | | | June 30, 2024 | | TELUS International (Cda) Inc. Condensed Interim Consolidated Statements of Income (Loss) and Other Comprehensive Income (Loss) (unaudited) | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------- ...

The earnings report, which is expected to be released on August 2, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. This digital services provider is expected to post quarterly earnings of $0.19 per share in its upcoming report, which represents a year-over-year change of +11.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how th ...

Investors interested in stocks from the Technology Services sector have probably already heard of Telus International (TIXT) and Palantir Technologies Inc. (PLTR) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends ...