Telus: Fourth Quarter Earnings Overview

Telus Corp. Announces Fourth-Quarter Financial Results

Telus Corp., headquartered in Vancouver, British Columbia, reported a net profit of $209.5 million for the fourth quarter.

The company’s earnings translated to 14 cents per share, with adjusted earnings—excluding one-time expenses—coming in at 15 cents per share.

These figures fell short of analyst expectations, as a consensus of four analysts polled by Zacks Investment Research had anticipated earnings of 18 cents per share.

During the quarter, Telus generated $3.77 billion in revenue.

For the full year, Telus recorded a total profit of $798.4 million, or 52 cents per share, on revenue of $14.71 billion.