TELUS Q3 Earnings & Revenues Top Estimates, Rise Y/Y, Shares Gain
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TELUS reported strong Q3 2024 earnings and revenues, surpassing estimates. The growth was driven by higher service revenues from TELUS technology solutions, despite weaker performance in the TELUS digital experience unit. As a result, TELUS shares have gained.
November 11, 2024 | 2:30 pm
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POSITIVE IMPACT
TELUS's Q3 2024 earnings and revenues exceeded expectations, driven by strong service revenues from its technology solutions. This positive performance has led to an increase in TELUS's share price.
TELUS's strong Q3 performance, particularly in technology solutions, has positively impacted its stock price. The market typically reacts favorably to earnings beats, especially when driven by core business segments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100