TELUS Co. (NYSE:TU) (TSE:T) – Investment analysts at National Bank Financial issued their Q4 2017 earnings per share (EPS) estimates for shares of TELUS in a report issued on Monday. National Bank Financial analyst A. Shine expects that the Wireless communications provider will post earnings of $0.45 per share for the quarter.
TELUS (NYSE:TU) (TSE:T) last issued its quarterly earnings data on Thursday, February 8th. The Wireless communications provider reported $0.43 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.02). TELUS had a return on equity of 18.72% and a net margin of 9.61%. The company had revenue of $3.47 billion during the quarter, compared to analysts’ expectations of $3.44 billion. During the same quarter last year, the business earned $0.53 earnings per share. The business’s quarterly revenue was up 4.9% on a year-over-year basis.
Shares of TELUS (NYSE TU) opened at $35.66 on Wednesday. The company has a quick ratio of 0.48, a current ratio of 0.55 and a debt-to-equity ratio of 1.44. TELUS has a 1-year low of $31.28 and a 1-year high of $38.50. The company has a market cap of $21,090.00, a PE ratio of 21.10, a price-to-earnings-growth ratio of 2.02 and a beta of 0.89.
Hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its holdings in shares of TELUS by 237.7% during the second quarter. PNC Financial Services Group Inc. now owns 3,782 shares of the Wireless communications provider’s stock valued at $130,000 after purchasing an additional 2,662 shares during the last quarter. Field & Main Bank purchased a new position in shares of TELUS during the fourth quarter valued at approximately $216,000. Chevy Chase Trust Holdings Inc. purchased a new position in shares of TELUS during the fourth quarter valued at approximately $218,000. OLD National Bancorp IN purchased a new position in shares of TELUS during the third quarter valued at approximately $208,000. Finally, Wells Fargo & Company MN lifted its holdings in shares of TELUS by 38.9% during the second quarter. Wells Fargo & Company MN now owns 6,544 shares of the Wireless communications provider’s stock valued at $226,000 after purchasing an additional 1,833 shares during the last quarter. Hedge funds and other institutional investors own 51.20% of the company’s stock.
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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.
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