Analysts Set Expectations for TELUS Co.’s Q1 2018 Earnings (T)

TELUS Co. (TSE:T) (NYSE:TU) – Investment analysts at Desjardins issued their Q1 2018 EPS estimates for shares of TELUS in a research report issued to clients and investors on Friday. Desjardins analyst M. Yaghi anticipates that the company will post earnings per share of $0.77 for the quarter. Desjardins also issued estimates for TELUS’s Q2 2018 earnings at $0.69 EPS, Q3 2018 earnings at $0.71 EPS, Q4 2018 earnings at $0.60 EPS, FY2018 earnings at $2.78 EPS and FY2019 earnings at $3.20 EPS.

TELUS (TSE:T) (NYSE:TU) last released its quarterly earnings results on Thursday, November 9th. The company reported C$0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.67 by C($0.01). TELUS had a net margin of 11.03% and a return on equity of 17.49%. The company had revenue of C$3.37 billion during the quarter, compared to analyst estimates of C$3.38 billion.

T has been the topic of a number of other research reports. Scotiabank raised shares of TELUS from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from C$50.00 to C$54.00 in a research note on Wednesday, October 25th. Canaccord Genuity lifted their target price on shares of TELUS from C$50.00 to C$51.00 in a research note on Monday, November 13th. CIBC lifted their target price on shares of TELUS from C$48.00 to C$50.00 in a research note on Monday, November 13th. Citigroup lifted their target price on shares of TELUS from C$52.00 to C$54.00 in a research note on Monday, November 13th. Finally, Royal Bank of Canada raised shares of TELUS from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from C$47.00 to C$51.00 in a research note on Friday, November 10th. Five equities research analysts have rated the stock with a buy rating, TELUS currently has an average rating of “Buy” and a consensus price target of C$51.17.

Shares of TELUS (T) opened at C$44.90 on Monday. TELUS has a one year low of C$42.22 and a one year high of C$48.94. The stock has a market cap of $26,520.00, a price-to-earnings ratio of 21.08 and a beta of 0.49.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Friday, March 9th will be issued a $0.505 dividend. The ex-dividend date is Thursday, March 8th. This represents a $2.02 annualized dividend and a yield of 4.50%. TELUS’s dividend payout ratio (DPR) is currently 91.31%.

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TELUS Company Profile

TELUS Corporation (TELUS) is a telecommunications company. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data. Its data services include Internet protocol (IP), television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.

Earnings History and Estimates for TELUS (TSE:T)

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