Materiality pending
Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- TU reported Q1 2024 EPS of C$0.26, down 3.7% YoY, but beat estimates. - Total operating revenues decreased 0.6% YoY to C$4,932 million, missing estimates. - Lower service revenues in TELUS technology solutions and TELUS International impacted revenues. - TU expects TTech revenue growth of 2-4%, adjusted EBITDA growth, and $2.3 billion free cash flow. - Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- TU reported Q1 2024 EPS of C$0.26, down 3.7% YoY, but beat estimates.
- Total operating revenues decreased 0.6% YoY to C$4,932 million, missing estimates.
- Lower service revenues in TELUS technology solutions and TELUS International impacted revenues.
- TU expects TTech revenue growth of 2-4%, adjusted EBITDA growth, and $2.3 billion free cash flow.
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