TELUS Corporation (USA) (TU) was Upgraded by National Bank Financial to ” Outperform”. Earlier the firm had a rating of “Sector Perform ” on the company shares. National Bank Financial advised their Clients and Investors in a research report released on Feb 7, 2017.
On the company’s financial health, TELUS Corporation (USA) reported $0.53 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Feb 9, 2017. Analyst had a consensus of $0.59. The company had revenue of $3305.00 million for the quarter, compared to analysts expectations of $3321.17 million. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.
TELUS Corporation (USA) opened for trading at $33.01 and hit $33.08 on the upside on Friday, eventually ending the session at $32.94, with a gain of 0.43% or 0.14 points. The heightened volatility saw the trading volume jump to 4,77,440 shares. Company has a market cap of $19,468 M.
TELUS Corporation (TELUS) is a telecommunications company. The Company operates through two business segments: wireless segment and wireline segment. The wireless segment includes 8.1 million wireless subscribers. The wireline segment includes 3.2 million wireline network access lines (NALs). The Company provides a range of telecommunications services and products including wireless and wireline voice and data; TELUS TV a high-definition entertainment service with Optik TV and TELUS Satellite TV (TELUS Satellite TV is offered only in British Columbia and Alberta); Internet Protocol networks and applications; contact center and business process outsourcing solutions; hosting managed IT and cloud-based services around Internet of Things; TELUS Health’s technology including pharmacy management electronic medical and health record remote patient monitoring and online settlement claims management solutions and conferencing and collaboration equipment and application solutions.