Telus Misses Q4 Estimates by 18% and Declares C$0.4184 Dividend
Telus reported Q4 adjusted EPS of C$0.15, 17.8% below the C$0.18 consensus, and revenues of C$3.77 billion, missing forecasts by 4% and marking its fourth consecutive quarterly revenue shortfall. The board approved a quarterly dividend of C$0.4184 per share payable April 1 with a March 11 record date.
1. Q4 Earnings and Revenue Results
Telus delivered adjusted EPS of C$0.15 per share for the quarter ended December, down from C$0.18 a year ago and 17.8% below the C$0.18 consensus. Revenue totaled C$3.77 billion, a 2.1% year-over-year decline and 4% short of the C$3.92 billion forecast, marking its fourth straight quarterly revenue miss.
2. Dividend Declaration
The board declared a quarterly dividend of C$0.4184 per common share, payable on April 1 to shareholders of record at the close of business on March 11. This continues the company’s regular distribution policy and reflects management’s commitment to returning capital to investors.