TELUS (TSE:T) Posts Quarterly Earnings Results

TELUS (TSE:T) (NYSE:TU) posted its earnings results on Friday. The company reported C$0.23 EPS for the quarter, FiscalAI reports. TELUS had a return on equity of 7.68% and a net margin of 5.47%.The business had revenue of C$4.99 billion for the quarter.

TELUS Price Performance

TELUS stock traded down C$0.18 during trading hours on Friday, hitting C$17.37. The stock had a trading volume of 4,869,749 shares, compared to its average volume of 7,133,255. The stock has a market capitalization of C$27.12 billion, a price-to-earnings ratio of 24.13, a PEG ratio of 1.65 and a beta of 0.58. TELUS has a 1-year low of C$16.18 and a 1-year high of C$23.18. The stock’s fifty day moving average is C$17.69 and its two-hundred day moving average is C$18.51. The company has a debt-to-equity ratio of 199.42, a current ratio of 0.86 and a quick ratio of 0.52.

Trending Headlines about TELUS

Here are the key news stories impacting TELUS this week:

• Positive Sentiment: Board approved quarterly cash dividend of C$0.4184 per common share (payable July 2, 2026) — supports income investors and signals management’s commitment to the payout despite a tougher quarter. TELUS Declares Quarterly Cash Dividend
• Positive Sentiment: TELUS is expanding sovereign AI infrastructure and launching new enterprise offerings (including an AI-powered Vision 360 fleet solution with Powerfleet) — these moves can drive higher-margin enterprise revenue over time and position TELUS in growth areas beyond consumer wireless. TELUS expands sovereign AI infrastructure Telus, Powerfleet launch Vision 360
• Neutral Sentiment: CFO transition announced — Doug French is retiring and Gopi Chande named successor. Leadership change creates short-term execution/guidance watch items but is not an immediate revenue driver. Investors will monitor the transition and commentary on capital allocation and guidance. TELUS Announces Retirement of CFO
• Negative Sentiment: Q1 results showed revenue roughly flat (C$4.99B) but EPS of C$0.23 and margin pressure — several outlets report profit down sharply (about 50% year-over-year) as expenses climbed. The weaker profitability increases concern about near-term cash flow and valuation multiple compression. Telus reports first-quarter profit and revenue down Telus reports flat revenue, 50% profit drop
• Negative Sentiment: Employee and union complaints about AI use in call centres (accent-masking, mandatory AI “co-pilot”) raise reputational, regulatory and labour-risk questions—could prompt scrutiny or require policy changes and additional costs. AI concerns at Telus call centres

Analyst Upgrades and Downgrades

T has been the topic of several recent research reports. Canaccord Genuity Group cut TELUS from a “buy” rating to a “hold” rating and dropped their price target for the company from C$21.00 to C$17.50 in a research report on Thursday, April 9th. Scotiabank cut TELUS from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 9th. Barclays lowered their target price on TELUS from C$20.00 to C$19.00 in a research note on Tuesday, April 14th. TD upgraded TELUS from a “hold” rating to a “buy” rating and upped their price target for the stock from C$19.00 to C$20.00 in a research note on Tuesday, April 28th. Finally, Desjardins lowered their price objective on shares of TELUS from C$23.00 to C$21.50 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$20.31.

TELUS Company Profile

TELUS Digital, a wholly-owned subsidiary of TELUS Corporation (TSX: T, NYSE: TU), crafts unique and enduring experiences for customers and employees, and creates future-focused digital transformations that deliver value for our clients. We are the brand behind the brands. Our global team members are both passionate ambassadors of our clients’ products and services, and technology experts resolute in our pursuit to elevate their end customer journeys, solve business challenges, mitigate risks, and drive continuous innovation.