Stock Track | Telus Soars 8.7% as Q3 Results Beat Expectations, Outlook Remains Strong

Stock Track

Nov 08, 2024

Shares of Telus Corp (TSX: TU) (NYSE: TU) surged 8.7% in pre-market trading on Wednesday after the Canadian telecommunications giant reported better-than-expected financial results for the third quarter of 2024 and maintained its strong outlook for the full year.

For the three months ended September 30, 2024, Telus posted adjusted earnings per share of C$0.28, comfortably surpassing the consensus estimate of C$0.23. Total operating revenues and other income climbed 2.8% year-over-year to C$5.099 billion, also exceeding analysts' expectations of C$5.050 billion.

The company's TTech segment, which includes its core mobile and fixed-line businesses as well as services in the health and agriculture sectors, saw operating revenues and other income increase by 2.7% to C$4.424 billion. Telus cited growth in mobile equipment and other service revenues, fixed data services, and its health and agriculture divisions as key drivers of the segment's performance.

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Total operating revenues and other income climbed 2.8% year-over-year to C$5.099 billion, also exceeding analysts' expectations of C$5.050 billion.</p>\n\n<p>The company's TTech segment, which includes its core mobile and fixed-line businesses as well as services in the health and agriculture sectors, saw operating revenues and other income increase by 2.7% to C$4.424 billion. Telus cited growth in mobile equipment and other service revenues, fixed data services, and its health and agriculture divisions as key drivers of the segment's performance.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TU","symbol_name":"泰勒斯","start_time":0,"source_url":"","article_id":"1198499263","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1198499263","pubTimestamp":1731067251,"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":"Shares of Telus Corp   surged 8.7% in pre-market trading on Wednesday after the Canadian telecommunications giant reported better-than-expected financial results for the third quarter of 2024 and maintained its strong outlook for the full year.For the three months ended September 30, 2024, Telus posted adjusted earnings per share of C$0.28, comfortably surpassing the consensus estimate of C$0.23. Total operating revenues and other income climbed 2.8% year-over-year to C$5.099 billion, also excee","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TU":"泰勒斯"},"translate_title":"股票赛道Telus飙升8.7%，第三季度业绩超出预期，前景依然强劲","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TU":1},"content_text":"Shares of Telus Corp (TSX: TU) (NYSE: TU) surged 8.7% in pre-market trading on Wednesday after the Canadian telecommunications giant reported better-than-expected financial results for the third quarter of 2024 and maintained its strong outlook for the full year.\nFor the three months ended September 30, 2024, Telus posted adjusted earnings per share of C$0.28, comfortably surpassing the consensus estimate of C$0.23. 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