TELUS Co. (TSE:T – Free Report) (NYSE:TU) – Investment analysts at Cormark issued their Q3 2024 earnings per share (EPS) estimates for shares of TELUS in a research report issued on Monday, October 21st. Cormark analyst D. Mcfadgen anticipates that the company will post earnings of $0.22 per share for the quarter. The consensus estimate for TELUS’s current full-year earnings is $1.23 per share.
TELUS (TSE:T – Get Free Report) (NYSE:TU) last issued its quarterly earnings data on Friday, August 2nd. The company reported C$0.25 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.24 by C$0.01. The firm had revenue of C$4.97 billion for the quarter, compared to analyst estimates of C$5.04 billion. TELUS had a return on equity of 4.67% and a net margin of 3.91%.
Read Our Latest Stock Report on T
TELUS Trading Up 0.0 %
TSE T opened at C$22.37 on Wednesday. The company has a quick ratio of 0.52, a current ratio of 0.66 and a debt-to-equity ratio of 171.58. TELUS has a twelve month low of C$20.04 and a twelve month high of C$25.94. The firm has a market capitalization of C$33.11 billion, a PE ratio of 42.21, a P/E/G ratio of 1.65 and a beta of 0.72. The stock’s 50 day moving average is C$22.31 and its 200 day moving average is C$22.06.
TELUS Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 10th were given a $0.389 dividend. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.96%. TELUS’s payout ratio is 294.34%.
Insider Transactions at TELUS
In related news, Director Marc Parent acquired 10,530 shares of TELUS stock in a transaction on Monday, August 12th. The stock was acquired at an average price of C$22.52 per share, for a total transaction of C$237,135.60. Insiders own 0.02% of the company’s stock.
About TELUS
TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products.
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