Earnings Preview: Telus (TU) Q2 Earnings Expected to Decline

Core Viewpoint - The market anticipates a year-over-year decline in Telus's earnings despite an increase in revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Telus is expected to report quarterly earnings of $0.17 per share, reflecting a year-over-year decrease of 5.6%, while revenues are projected to be $3.68 billion, up 1.2% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. Earnings Surprise Prediction - The Most Accurate Estimate for Telus is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -6.63%, suggesting a bearish sentiment among analysts [12]. Historical Performance - In the last reported quarter, Telus exceeded expectations by posting earnings of $0.18 per share against an expected $0.15, achieving a surprise of +20.00% [13]. Over the last four quarters, the company has consistently beaten consensus EPS estimates [14]. Investment Considerations - Despite the potential for an earnings miss, other factors may influence stock performance, making it essential to consider the Earnings ESP and Zacks Rank before making investment decisions [15][16].