Telus Corp (T:CA), a major player in Canada’s telecommunications sector, is set to release its highly anticipated Q4 2024 earnings report on February 13, 2025.
Investors are closely watching how the company’s strategic initiatives, customer growth, and financial performance align with analyst expectations.
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Expected Q4 Earning Report of Telus Corp:
Analysts project that Telus Corp’s Q4 earnings per share (EPS) will be approximately CAD 0.22, with moderate revenue growth driven by customer expansion and strong demand for bundled services.
According to recent financial reports, Telus has maintained steady revenue growth, with its last quarter showing a 2.8% increase in consolidated operating revenues, reaching CAD 5.2 billion.
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A key focus for investors will be Telus’ operating efficiency improvements and cost-saving measures, which are expected to contribute to improved EBITDA margins.
Additionally, its continued investment in PureFibre broadband and 5G infrastructure is anticipated to support future revenue streams. However, competition in the Canadian telecom market and macroeconomic factors could present challenges for the company’s profitability.
Stock Target Advisor’s Analysis on Telus Corp:
Telus Corp has received mixed ratings from analysts ahead of its earnings announcement:
- CIBC World Markets: Outperform, Target Price: CAD 24
- TD Securities: Buy, Target Lowered from CAD 25 to CAD 24
- Barclays: Target Lowered from CAD 23 to CAD 20
- Scotia Capital: Sector Perform, Target Price: CAD 22.5
- Stock Target Advisor Rating: Neutral with a projected 12.66% price increase over 12 months
As of the last market close, Telus Corp’s stock was trading at CAD 20.85, reflecting a 0.02% gain over the past week, a 0.94% increase over the past month, and an 11.31% decline over the past year.
Conclusion:
As Telus Corp prepares to report its Q4 earnings on February 13, 2025, investors will be keen to see whether the company can meet or exceed expectations in revenue and profitability.
Investors should closely monitor the upcoming earnings call for insights into 2024 guidance, cost management strategies, and future growth prospects before making investment decisions.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
