TELUS (TU) Expected to Announce Earnings on Thursday

TELUS (NYSE:TU) (TSE:T) is projected to announce its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $3.52 billion for the quarter.

TELUS (NYSE:TU) (TSE:T) last announced its quarterly earnings data on Thursday, February 13th. The Wireless communications provider reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.64 billion. TELUS had a net margin of 4.85% and a return on equity of 9.07%. During the same quarter last year, the company posted $0.10 earnings per share. On average, analysts expect TELUS to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TELUS Price Performance

NYSE:TU opened at $15.11 on Tuesday. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.68 and a quick ratio of 0.61. TELUS has a one year low of $13.24 and a one year high of $17.27. The company has a fifty day moving average price of $14.81 and a 200 day moving average price of $14.84. The stock has a market cap of $22.87 billion, a P/E ratio of 30.83, a PEG ratio of 5.18 and a beta of 0.73.

TELUS Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 11th were given a dividend of $0.2829 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.49%. The ex-dividend date was Tuesday, March 11th. TELUS’s dividend payout ratio is currently 226.53%.

Analysts Set New Price Targets

A number of research analysts recently commented on TU shares. Cormark lowered TELUS from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Bank of America lowered shares of TELUS from a “buy” rating to a “neutral” rating in a report on Friday, March 21st. Finally, StockNews.com raised shares of TELUS from a “sell” rating to a “hold” rating in a research note on Monday, February 10th. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

TELUS Company Profile

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.