CORRECTION: TELUS Q4 EPS $0.18 Beats $0.17 Estimate, Sales $3.82B Miss $3.89B Estimate
Portfolio Pulse from Benzinga Newsdesk
TELUS (NYSE:TU) reported Q4 earnings of $0.18 per share, surpassing the $0.17 estimate, but saw a 32.31% decrease from last year's earnings. Sales were $3.82B, missing the $3.89B estimate and marking an 18.57% decrease from the previous year.
February 09, 2024 | 12:07 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
TELUS reported Q4 earnings above estimates but with a significant decrease from the previous year. Sales also missed estimates and showed a notable year-over-year decline.
While TELUS beat EPS estimates, the significant decrease in earnings and sales from the previous year could concern investors. The mixed results—beating EPS estimates but missing on sales and showing year-over-year declines—may lead to neutral short-term stock price movement as investors digest both positive and negative aspects of the report.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100