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TELUS (TU) Continues PureFibre Expansion to Boost Connectivity
ZACKS· 2024-08-13 15:21
TELUS Corporation (TU) has unveiled a plan to make $19.2 million worth TELUS PureFibre services available in Doig River First Nation, located about 70 kilometers northeast of Fort St. John, as well as to hundreds of homes in 14 other communities. This significant step underscores TELUS' ongoing efforts to bring its PureFibre technology to numerous communities, residents and businesses. The new fibre-optic network will support TELUS' wireless services, set the stage for future 5G technologies and provide Doi ...
TELUS(TU) - 2024 Q2 - Earnings Call Transcript
2024-08-03 17:56
TELUS Corporation (NYSE:TU) Q2 2024 Earnings Conference Call August 2, 2024 12:30 PM ET Company Participants Robert Mitchell - Head, IR Darren Entwistle - President and CEO Doug French - EVP and CFO Zainul Mawji - EVP and President, Consumer Solutions Jeff Puritt - President and CEO, TELUS International Conference Call Participants Vince Valentini - TD Securities Drew McReynolds - RBC Jerome Dubreuil - Desjardins Stephanie Price - CIBC Tim Casey - BMO Maher Yaghi - Scotiabank Simon Flannery - Morgan Stanley ...
Compared to Estimates, Telus (TU) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-02 16:30
Telus (TU) reported $3.64 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 1.3%. EPS of $0.18 for the same period compares to $0.14 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.7 billion, representing a surprise of -1.65%. The company delivered an EPS surprise of +12.50%, with the consensus EPS estimate being $0.16. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expect ...
Telus (TU) Q2 Earnings Beat Estimates
ZACKS· 2024-08-02 12:56
Telus (TU) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this telecommunications company would post earnings of $0.18 per share when it actually produced earnings of $0.19, delivering a surprise of 5.56%. Over the last four quarters, the ...
TELUS reports operational and financial results for second quarter 2024
Prnewswire· 2024-08-02 10:45
Total Mobile and Fixed customer growth of 332,000, up 39,000 over last year, representing a record second quarter, driven by strong demand for our leading portfolio of Mobility and Fixed services Robust Mobile Phone net additions of 101,000, and record second quarter Connected Device net additions of 161,000; industry-leading postpaid mobile phone churn of 0.89 per cent Record second quarter Fixed customer net additions of 70,000, including 33,000 internet customer additions, driven by our leading TELUS Pur ...
Telus (TU) Earnings Expected to Grow: What to Know Ahead of Q2 Release
ZACKS· 2024-07-26 15:06
Telus (TU) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. Zacks Consensus Estimate Estimate Revisions Trend Earnings Whisper A positive Earnings ESP is a strong predictor of an earnings beat, particularly when co ...
TELUS (TU) Expands PureFibre Coverage to Boost Connectivity
ZACKS· 2024-07-17 16:21
TELUS highlighted that its pure fiber-to-the-premise (FTTP) network is constructed with state-of-the-art fiber optics, ensuring the fastest and most capable network available by extending directly to the home or business. TELUS added that small businesses can now compete globally, students can gain access to more resources and content creators can share their vision without any compromise. It is dedicated to assisting newly connected residents and businesses in identifying services that align with their spe ...
TELUS (TU) & Magnite Tie-Up to Boost Streaming TV Landscape
ZACKS· 2024-07-10 14:11
Based in CA, the United States, Magnite (formerly known as the Rubicon Project Inc.) is a global provider of ad-tech solutions. The company's omnichannel advertising platform enables publishers to monetize across all auction types and formats, including CTV, desktop display, video, audio and mobile. Vancouver, British Columbia-based TELUS is a renowned brand in Canada's telecommunications industry. It provides wireless, wireline and Internet communications services for voice and data to businesses and consu ...
TELUS (TU) Subsidiary TELUS Health Collaborates With NSH
ZACKS· 2024-07-08 13:10
TELUS Corporation's (TU) subsidiary, TELUS Health, recently announced a partnership with Nova Scotia Health ("NSH") to empower the residents of Nova Scotia (a Canadian province) to gain swift access to their initial care information on the YourHealthNS application. The initiative is likely to be a major breakthrough in Canada in systemizing primary care data that aids Nova Scotians in effectively managing their health-related concerns and outcomes. Vancouver, British Columbia-based TELUS is one of the leadi ...
TELUS: 7.1% Yield And CEO Taking Pay Only In Shares
Seeking Alpha· 2024-06-25 16:27
TELUS agreed that it needed to go lower and reached $21.12 last week. | --- | --- | |---------------------------------|--------| | Stock Covered | T:CA | | Analyst's rating at publication | HOLD | | Price at publication | $23.52 | | Change | -7.99% | | Total Return | -6.51% | | S&P 500 change | 8.38% | Seeking Alpha Non-permanent residents of Canada2 (millions) 3.00 2.66 2.50 2.00 1.50 1.50 1.00 0.50 2022 2022 2023 2023 2023 2022 2023 2024 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 1 The number of non-permanent residents of C ...