Telus Q4 Revenue Misses Estimates, EPS Falls 17.8%, Device Adds Surpass Forecast
Telus reported Q4 revenue of US$3.77 billion, down 1.9% year-over-year and 3.98% below estimates, with EPS of US$0.15 missing consensus by 17.8%. Total telecom connections reached 21.16 million and net connected device additions of 287 000 topped forecasts by 101 000.
1. Q4 Financial Results
Telus delivered Q4 revenue of US$3.77 billion, a 1.9% year-over-year decline that missed estimates by 3.98%, and reported EPS of US$0.15, down from US$0.18 and 17.8% below consensus.
2. Subscriber Base and Churn
Total telecom subscriber connections increased to 21.16 million, slightly above the 21.02 million estimate, while monthly mobile phone churn held steady at 1.5%.
3. Net Additions Analysis
Net additions in connected devices reached 287 000 versus a 142 570 forecast, with modest gains of 35 000 internet and 16 000 TV subscribers and a 2 000 security net addition shortfall.
4. Stock Performance and Outlook
Shares have climbed 4.9% over the past month versus the S&P 500’s 0.3% rise, reflecting resilience despite mixed metrics and supporting the company’s Buy rating.