Stock Track | TELUS International Stock Drops Despite Q3 Revenue Beat

Stock Track

Nov 09, 2024

TELUS International (TIXT) shares plummeted more than 5% on Thursday, despite the company reporting third-quarter revenue that topped Wall Street estimates.

The Canadian customer experience provider said its adjusted earnings per share fell to $0.05 in the September quarter, down sharply from $0.19 a year ago. While the earnings decline was steeper than expected, TELUS International's Q3 revenue of $658 million managed to beat analyst projections of $647.5 million.

The mixed results seemed to reflect ongoing macroeconomic pressures weighing on TELUS International's bottom line. However, the company maintained its full-year 2024 guidance, calling for adjusted EPS between $0.39 and $0.44 on revenue of $2.61 billion to $2.67 billion.

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However, the company maintained its full-year 2024 guidance, calling for adjusted EPS between $0.39 and $0.44 on revenue of $2.61 billion to $2.67 billion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TIXT","symbol_name":"TELUS International (Cda) Inc.","start_time":0,"source_url":"","article_id":"1140086376","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1140086376","pubTimestamp":1731081748,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"TELUS International  shares plummeted more than 5% on Thursday, despite the company reporting third-quarter revenue that topped Wall Street estimates.The Canadian customer experience provider said its adjusted earnings per share fell to $0.05 in the September quarter, down sharply from $0.19 a year ago. 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