- Telus reported an adjusted basic earnings per share (EPS) of C$0.25, surpassing the estimate of C$0.22 and improving from C$0.24 year-over-year.
- Operating revenues and other income reached C$5.38 billion, marking a 3.5% year-over-year increase and exceeding the estimate of C$5.23 billion.
- Mobile phone net additions were 70,000, which is a 44% decrease year-over-year and below the estimate of 77,662.
- The mobile churn rate increased slightly to 1.5%, compared to 1.4% the previous year.
- Adjusted EBITDA was C$1.84 billion, a minor decrease of 0.5% year-over-year, but still above the estimate of C$1.83 billion.
- Adjusted net income rose by 11% year-over-year to C$380 million, outperforming the estimate of C$321.6 million.
- Capital expenditures were C$551 million, reflecting a 3.4% increase year-over-year and slightly below the estimate of C$557.4 million.
- Free cash flow decreased by 9.5% year-over-year to C$534 million, falling short of the estimated C$608 million.
- Telus expanded its global coverage with a 9.6% increase, now covering over 76 million lives worldwide.
- Telus Agriculture & Consumer Goods division saw strong performance with a 16% revenue increase, enhanced profitability, and improved margin contributions.
- There was a 20% growth in Adjusted EBITDA contributions, driven by revenue growth and cost management through technology and synergy.
- Telus is focused on investments for consistent, long-term growth, supported by its assets, customer service, and advanced networks.
- The current analyst recommendation overview includes 10 buys, 7 holds, and 1 sell.
A look at TELUS Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
TELUS Corporation, a prominent telecommunications company in Canada, is recognized for its strong dividend performance with a top score of 5. This indicates that TELUS is dedicated to rewarding its investors with stable and consistent dividend payouts. Additionally, the company garners respectable scores in value, growth, and momentum, each scoring in the range of 3. This suggests that TELUS is operating efficiently, poised for potential growth opportunities, and showing steady performance in the market. However, TELUS’s score for resilience is slightly lower at 2, indicating some room for improvement in terms of withstanding economic challenges and market volatility.
Looking ahead, TELUS presents a promising long-term outlook based on its overall Smartkarma Smart Scores. With solid dividend capabilities, coupled with decent value, growth prospects, and market momentum, TELUS appears well-positioned to thrive in the competitive telecommunications sector. Despite slight resilience concerns, the Company’s core business of providing voice, data, Internet, and wireless services to both businesses and consumers in Canada underscores its importance in the market and potential for continued success in the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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