TELUS Q4 Adj EPS $0.18 Misses $0.23 Estimate, Sales $3.82B Miss $5.24B Estimate
Portfolio Pulse from Benzinga Newsdesk
TELUS (NYSE:TU) reported Q4 adjusted EPS of $0.18, missing the $0.23 estimate, and sales of $3.82B, missing the $5.24B estimate. This represents a 32.31% decrease in earnings and an 18.57% decrease in sales from the same period last year.
February 09, 2024 | 11:49 am
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TELUS reported a significant miss in both earnings and sales for Q4, with adjusted EPS at $0.18 versus the $0.23 estimate and sales at $3.82B versus the $5.24B estimate.
The significant miss in both earnings per share and sales compared to analyst estimates, along with a year-over-year decrease in these metrics, is likely to negatively impact investor sentiment and the stock price in the short term. The magnitude of the miss and the comparison to last year's performance highlight underlying challenges that could concern investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100