TELUS Co. to Post Q1 2017 Earnings of $0.72 Per Share, Desjardins Forecasts (T)

TELUS Co. (TSE:T) (NYSE:TU) – Desjardins issued their Q1 2017 earnings estimates for shares of TELUS in a report released on Friday. Desjardins analyst M. Yaghi expects that the brokerage will post earnings per share of $0.72 for the quarter. Desjardins also issued estimates for TELUS’s Q2 2017 earnings at $0.71 EPS, Q3 2017 earnings at $0.69 EPS, Q4 2017 earnings at $0.65 EPS, FY2017 earnings at $2.77 EPS and FY2018 earnings at $3.13 EPS.

T has been the topic of several other research reports. Barclays PLC raised their price target on shares of TELUS from C$48.00 to C$50.00 in a research note on Friday. CIBC raised their price objective on shares of TELUS from C$44.00 to C$45.00 in a research note on Friday. TD Securities raised their price objective on shares of TELUS from C$43.00 to C$46.00 in a research note on Friday. Canaccord Genuity upgraded shares of TELUS from a “hold” rating to a “buy” rating and raised their price objective for the company from C$45.00 to C$47.00 in a research note on Thursday, January 5th. Finally, National Bank Financial raised their price objective on shares of TELUS from C$44.00 to C$46.00 and gave the company an “outperform” rating in a research note on Tuesday, February 7th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of C$46.60.

Earnings History and Estimates for TELUS (TSE:T)

“TELUS Co. to Post Q1 2017 Earnings of $0.72 Per Share, Desjardins Forecasts (T)” was first reported by sleekmoney and is the sole property of of sleekmoney. If you are reading this news story on another publication, it was illegally copied and reposted in violation of US and international copyright and trademark legislation. The original version of this news story can be read at http://sleekmoney.com/telus-co-to-post-q1-2017-earnings-of-0-72-per-share-desjardins-forecasts-t/1659362.html.

TELUS (TSE:T) opened at 43.07 on Monday. The company has a 50 day moving average of $0.00 and a 200 day moving average of $0.00. The firm has a market capitalization of $25.45 billion and a price-to-earnings ratio of 20.91.

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 3rd. Investors of record on Friday, March 10th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 4.46%. This is a boost from TELUS’s previous quarterly dividend of $0.46.

“TELUS Co. to Post Q1 2017 Earnings of $0.72 Per Share, Desjardins Forecasts (T)” was first reported by sleekmoney and is the sole property of of sleekmoney. If you are reading this news story on another publication, it was illegally copied and reposted in violation of US and international copyright and trademark legislation. The original version of this news story can be read at http://sleekmoney.com/telus-co-to-post-q1-2017-earnings-of-0-72-per-share-desjardins-forecasts-t/1659362.html.

About TELUS

TELUS Corporation (TELUS) is a telecommunications company. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data. Its data services include Internet protocol, television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.

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