TELUS Q2 Adj. EPS $0.14 Misses $0.18 Estimate, Sales $3.68B Miss $3.69B Estimate
Portfolio Pulse from Benzinga Newsdesk
TELUS (NYSE:TU) reported Q2 earnings of $0.10 per share, missing the analyst consensus estimate of $0.18 by 42.22%. This is a 67.5% decrease from the same period last year. The company also reported quarterly sales of $3.65 billion, missing the analyst consensus estimate of $3.69 billion by 1.12%. This is a 17.12% decrease from the same period last year.
August 04, 2023 | 3:03 pm
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TELUS's Q2 earnings and sales missed estimates, with a significant decrease from the same period last year. This could negatively impact the company's stock price in the short term.
TELUS's earnings and sales for Q2 have both missed estimates, and have significantly decreased compared to the same period last year. This underperformance is likely to negatively impact investor sentiment and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100