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Telus is one of the Big Three wireless service providers in Canada, with over 10 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.

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Telus shares are trading higher after the company reported better-than-expected Q3 financial results.

TELUS 2024 financial targets
TELUS' financial targets for 2024 are guided by a number of long-term financial objectives, policies and guidelines, which are detailed in Section 4.3 of the 2023 annual MD&amp;A.
For the full year, our 2024 target for TTech operating revenue growth is now anticipated to be slightly below the lower end of our original target range, reflecting the competitive market conditions. Our annual targets for TTech Adjusted EBITDA, along with our consolidated targets for capital expenditures and free cash flow, remain unchanged as previously communicated in our second quarter earnings release in August.&nbsp;
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1"> &nbsp;</td>
<td colspan="1" rowspan="1">2024 targets</td>
<td colspan="1" rowspan="1">Original 2024 targets</td>
</tr>
<tr>
<td colspan="1" rowspan="1">TTech Operating revenues</td>
<td colspan="1" rowspan="1">
Growth of 2 to 4%
(Slightly below the lower end of the range)
</td>
<td colspan="1" rowspan="1">Growth of 2 to 4%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">TTech Adjusted EBITDA</td>
<td colspan="1" rowspan="1">
Growth of 5.5 to 7.5%
(Lower end of the range)
</td>
<td colspan="1" rowspan="1">Growth of 5.5 to 7.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Consolidated Free cash flow</td>
<td colspan="1" rowspan="1">Approximately $2.1 billion</td>
<td colspan="1" rowspan="1">Approximately $2.3 billion</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Consolidated Capital expenditures</td>
<td colspan="1" rowspan="1">
Approximately $2.6 billion
(Unchanged)
</td>
<td colspan="1" rowspan="1">Approximately $2.6 billion</td>
</tr>
</tbody>
</table>
</figure>

News

Guidance

TELUS Revises 2024 Revenue Growth Outlook To Slightly Below The Lower End Of 2%-4%

Earnings

Earnings Beats

TELUS Q3 2024 Adj. EPS C$0.28 Beats C$0.23 Estimate, Sales C$5.099B Beat C$5.050B Estimate

TELUS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TU#NYSE">TU</a>) is gearing up to announce its quarterly earnings on Friday, 2024-11-08. Here's a quick overview of what investors should know before the release.
Analysts are estimating that TELUS will report an earnings per share (EPS) of $0.18.
The market awaits TELUS's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Earnings History Snapshot</h3>
In the previous earnings release, the company beat EPS by $0.02, leading to a 0.0% drop in the share price the following trading session.
Here's a look at TELUS's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.16</td>
<td>0.170</td>
<td>0.170</td>
<td>0.240</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.18</td>
<td>0.192</td>
<td>0.176</td>
<td>0.186</td>
</tr>
<tr>
<td>Price Change %</td>
<td>2.0%</td>
<td>-2.0%</td>
<td>3.0%</td>
<td>3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730995768_0.png" alt="eps graph" />
<h3>TELUS Share Price Analysis</h3>
Shares of TELUS were trading at $15.11 as of November 06. Over the last 52-week period, shares are down 12.01%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<a href="https://www.benzinga.com/quote/TU/earnings">To track all earnings releases for TELUS visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Look Ahead: TELUS's Earnings Forecast

TELUS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TU#NYSE">TU</a>) is preparing to release its quarterly earnings on Friday, 2024-11-08. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect TELUS to report an earnings per share (EPS) of $0.18.
The market awaits TELUS's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.02, which was followed by a 0.0% drop in the share price the next day.
Here's a look at TELUS's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.16</td>
<td>0.170</td>
<td>0.170</td>
<td>0.240</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.18</td>
<td>0.192</td>
<td>0.176</td>
<td>0.186</td>
</tr>
<tr>
<td>Price Change %</td>
<td>2.0%</td>
<td>-2.0%</td>
<td>3.0%</td>
<td>3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730995313_0.png" alt="eps graph" />
<h3>TELUS Share Price Analysis</h3>
Shares of TELUS were trading at $15.11 as of November 06. Over the last 52-week period, shares are down 12.1%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/TU/earnings">To track all earnings releases for TELUS visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Uncovering Potential: TELUS's Earnings Preview

TELUS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TU#NYSE">TU</a>) will release its quarterly earnings report on Friday, 2024-11-08. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate TELUS to report an earnings per share (EPS) of $0.18.
Anticipation surrounds TELUS's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Earnings Track Record</h3>
In the previous earnings release, the company beat EPS by $0.02, leading to a 0.0% drop in the share price the following trading session.
Here's a look at TELUS's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.16</td>
<td>0.170</td>
<td>0.170</td>
<td>0.240</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.18</td>
<td>0.192</td>
<td>0.176</td>
<td>0.186</td>
</tr>
<tr>
<td>Price Change %</td>
<td>2.0%</td>
<td>-2.0%</td>
<td>3.0%</td>
<td>3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730991771_0.png" alt="eps graph" />
<h3>Market Performance of TELUS's Stock</h3>
Shares of TELUS were trading at $15.11 as of November 06. Over the last 52-week period, shares are down 11.99%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/TU/earnings">To track all earnings releases for TELUS visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insights into TELUS's Upcoming Earnings

- TELUS is proud to announce the successful completion of its ambitious data-modernization journey in collaboration with Google Cloud and Onix. The project overhauled and streamlined TELUS' data handling by moving from fragmented, on-premise sources to a unified, cloud-based platform – significantly improving data access and usability, and paving the way for advanced artificial intelligence (AI) capabilities across its operations, decreased energy consumption and the delivery of faster, more personalized customer solutions.

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TELUS Collaborates With Google Cloud And Onix To Modernize Data Storage And Supercharge AI-Powered Innovation

Scotiabank analyst Maher Yaghi upgrades TELUS (TSX:<a class="ticker" href="https://www.benzinga.com/stock/T#TSX">T</a>) from Sector Perform to Sector Outperform.

Upgrades

Analyst Ratings

TSX:T

Scotiabank Upgrades TELUS to Sector Outperform

Revamped data infrastructure will support AI development and improve customer experience
VANCOUVER, BC, Oct. 24, 2024 /CNW/ - TELUS is proud to announce the successful completion of its ambitious data-modernization journey in collaboration with Google Cloud and Onix. The project overhauled and streamlined TELUS' data handling by moving from fragmented, on-premise sources to a unified, cloud-based platform – significantly improving data access and usability, and paving the way for advanced artificial intelligence (AI) capabilities across its operations, decreased energy consumption and the delivery of faster, more personalized customer solutions.

TELUS Collaborates With Google Cloud And Onix To Modernize Data Storage And Supercharge AI-Powered Innovation; Revamped Data Infrastructure Will Support AI Development And Improve Customer Experience

TELUS Corporation ("TELUS") today announced that it has acquired, through a wholly owned subsidiary, an aggregate of 2,593,631 subordinate voting shares (the "Purchased Shares") in the capital of TELUS International (Cda) Inc. ("TELUS Digital") by way of market purchases over the facilities of the Toronto Stock Exchange. As a result of the acquisition of these subordinate voting shares, TELUS has acquired an additional 2.35% interest in the TELUS Digital subordinate voting shares since TELUS' prior early warning report filed on August 16, 2024. When added to the 4,031,191 subordinate voting shares held prior to the last report, TELUS now holds approximately 5.99% of the outstanding subordinate voting shares.
&nbsp;
"We continue to hold confidence in TELUS Digital and its long term profitable growth strategy," said Darren Entwistle, President and CEO of TELUS. "In recognition of the considerable opportunities ahead, we are once again increasing our existing share ownership of the subordinate voting shares in the public market. These purchases are not part of a strategy to privatize the business, but rather, a reflection of our strong belief in the meaningful and sustainable value that TELUS Digital will create for stakeholders in the years to come."
The purchase of the Purchased Shares is being made pursuant to the normal course purchase exemption set forth in section 4.1 of National Instrument 62-104.
Before giving effect to the purchase subsequent to our August 15th news release, TELUS held an aggregate of 152,004,019 multiple voting shares of TELUS Digital and 4,031,191 subordinate voting shares. These securities represented approximately 92.5% of the outstanding multiple voting shares and 86.9% of the outstanding voting rights attached to all shares of TELUS Digital and approximately 56.8% of the total shares outstanding, reflecting the conversion by Riel B.V. of multiple voting shares into subordinate voting shares. The 2,593,631 Purchased Shares were acquired at an average purchase price of C$4.90, representing a total additional investment, before trading commissions, of C$12,703,197. After giving effect to the market purchases, TELUS holds an aggregate of 152,004,019 multiple voting shares and 6,624,822 subordinate voting shares. The shares held by TELUS now represent approximately 92.5% of the outstanding multiple voting shares, 6.0% of the outstanding subordinate voting shares, 57.7% of the outstanding shares of TELUS Digital and 87.0% of the outstanding voting rights of TELUS Digital. The multiple voting shares of TELUS Digital may be converted into subordinate voting shares on a one-for-one basis at any time.
TELUS purchased the Purchased Shares for investment purposes and may or may not purchase or sell multiple voting shares, subordinate voting shares or other securities of TELUS Digital in the future on the open market or in private transactions, depending on market conditions and other factors. TELUS currently has no other plans or intentions that relate to its investment in TELUS Digital. Depending on market conditions, general economic and industry conditions, TELUS Digital's business and financial condition and/or other relevant factors, TELUS may at any time develop other plans or intentions in the future relating to one or more of the above items. A copy of the early warning report to be filed by TELUS in connection with the acquisition will be available on TELUS Digital's profile on SEDAR+ at<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4265922-1&amp;h=3894971246&amp;u=http%3A%2F%2Fsedarplus.ca%2F&amp;a=sedarplus.ca">sedarplus.ca</a>. Alternatively, you may contact TELUS Investor Relations at 1-800-667-4871 in order to obtain a copy of the report.
The headquarters and principal executive offices of TELUS Digital are located at Floor 5, 510 West Georgia Street, Vancouver, British Columbia, Canada V6B 0M3

Reported Earlier, TELUS Acquires Additional 2.35% Stake in TELUS International (TELUS Digital)  with $12.7M Share Purchase, Holds 57.7% of Total Shares

TELUS Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tu#NYSE">TU</a>) is set to launch SmartEnergy, a unique solution designed to help customers save on energy bills and minimize their environmental impact, all through an easy-to-use app that offers attractive incentives on smart devices. This service is now accessible to all Canadians outside Quebec for C$12 per month, and new subscribers can get a smart thermostat and two smart plugs for a one-time fee of C$25, saving over C$250.
The SmartHome+ app leverages AI and real-time insights to help users automate their daily routines, track energy consumption and control all connected devices &mdash; new and existing &mdash; from one convenient interface, added TELUS.
Using TELUS&#39; SmartHome+ app, subscribers can connect compatible smart devices like thermostats and plugs to save up to 15% on energy bills through automated temperature adjustments, switching off unused devices and personalized routines. They can also monitor their energy consumption with insights over various periods, along with tips for maximizing savings. Additionally, subscribers can participate in energy-saving events that ease the load on the energy grid during peak times by automatically powering down devices or adjusting thermostat settings, all while earning TELUS Rewards for their contributions to sustainability.
TELUS plans to further expand the range of smart devices compatible with the SmartHome+ app to include EV chargers and home solar systems, enabling customers to access more savings while managing their home automation, security and Internet services easily. The company is also collaborating with Canadian utilities to support grid demand response programs, which are essential during extreme weather conditions that increase demand and may lead to shortages or outages.
<div class="chart_embed">
<h3>TELUS Corporation Price and Consensus</h3>
<img alt="TELUS Corporation Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/6a/1726755546.png" style="height:265px; width:574px" title="" />
TELUS Corporation price-consensus-chart | TELUS Corporation Quote
</div>
<h2>TELUS Focused on Driving Sustainability &nbsp;</h2>
TELUS actively supports environmental sustainability and is planting four trees annually for each SmartEnergy subscriber. Over the last two decades, the company has planted a total of 12.7 million trees and has remained dedicated to restoring forests for the benefit of both present and future generations.
The company aims to source 100% of its electricity from renewable or low-emission sources by 2025 and enhance energy efficiency by 50% by 2030 compared to 2019 levels. Its goal is to become a net carbon-neutral company by 2030 or sooner.
Earlier this month, the company joined forces with the Quebec Artificial Intelligence Institute, Mila, to advance artificial intelligence technology for societal good. This partnership will allow both organizations to explore cutting-edge AI innovations and assess their potential effects on various industries, benefiting customers in Canada. TELUS also holds the Outstanding Organization prize from the Responsible AI Institute for its dedication to fostering trust and benefiting society.
Vancouver, British Columbia-based TELUS is one of the leading telecom carriers in Canada (the largest in western Canada), with more than C$20 billion in annual revenues and 19 million customer connections. It provides wireless, wireline and Internet communications services for voice and data to businesses and consumers.
<h2>TU&#39;s Zacks Rank &amp; Stock Price Performance</h2>
TU currently carries a Zacks Rank #3 (Hold). Shares of the company have gained 3.3% in the past year compared with the sub-industry&#39;s growth of 7.5%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/41/78493.jpg?v=1170747498" />
Image Source: Zacks Investment Research
<h2>Stocks to Consider</h2>
Some better-ranked stocks from the broader technology space are Manhattan Associates, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/manh#NASDAQ">MANH</a>), ANSYS, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/anss#NASDAQ">ANSS</a>) and American Software, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amswa#NASDAQ">AMSWA</a>). MANH presently sports a Zacks Rank #1 (Strong Buy), whereas ANSS &amp; AMSWA carry a Zacks Rank #2 (Buy) each.
Manhattan Associates delivered an earnings surprise of 26.6%, on average, in the trailing four quarters. In the last reported quarter, MANH pulled off an earnings surprise of 22.9%. The Zacks Consensus Estimate for MANH has increased 9.2% to $4.26 in the past 60 days.
ANSYS delivered an earnings surprise of 4.8%, on average, in three of the trailing four quarters. In the last reported quarter, ANSS pulled off an earnings surprise of 28.9%. It has a long-term earnings growth expectation of 6.4%.
American Software delivered an earnings surprise of 84.5%, on average, in the trailing four quarters. In the last reported quarter, AMSWA pulled off an earnings surprise of 71.4%. The Zacks Consensus Estimate for AMSWA has increased 8.6% to 38 cents in the past 60 days.
<a href="https://www.zacks.com/stock/news/2338734/telus-unveils-new-smartenergy-solution-to-boost-sustainability?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2338734">To read this article on Zacks.com click here.</a>

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TELUS Unveils New SmartEnergy Solution to Boost Sustainability

TELUS Invests $9.6M In Chaudière-Appalaches Region To Expand Wireless Connectivity, Supported By $2.7M From Quebec Government And $2.2M From CRTC For 20 New 5G Sites

Telus Forms Strategic Partnership With Mila Quebec AI Institute To Advance AI Development For The Benefit Of Society And Explore Industry Impacts For Canadian Customers

The Bank of Canada (BoC) reduced its key policy rate by 25 basis points to 4.25% on Wednesday, marking the third consecutive rate <a href="https://www.benzinga.com/topic/interest-rates">cut since June</a>. 
The move was widely anticipated by market participants as inflation and the labor market continued to show signs of slowing.
The Canadian economy grew by 2.1% in the second quarter, led by government spending and business investment. However, the labor market continues to slow, with little change in employment in recent months. Wage growth, however, remains elevated relative to productivity.
During a press conference, Governor Tiff Macklem suggested that further rate cuts may be on the horizon if inflation continues to ease as expected. 
&#8220;If inflation continues to ease broadly in line with our July forecast, it is reasonable to expect further cuts in our policy rate,&#8221; Macklem said.
Inflation cooled to 2.5% in July, aligning with the BoC's target range. Core inflation measures also averaged around 2.5%, but the central bank noted that high shelter price inflation remains the biggest contributor to overall inflation. Shelter costs are now finally starting to ease.
<h3 class="wp-block-heading">Market Reactions</h3>
Canadian markets reacted positively on Wednesday following the Bank of Canada's decision to cut interest rates. Investors showed optimism, pushing both stocks and bonds higher.
Yields on Canadian 10-year Treasury bonds dropped by 5 basis points to 3.2%, reflecting increased demand for government debt. The Canadian dollar or Loonie rose 0.3% to 1.35 levels against the dollar. 
Canadian equities rebounded, with the iShares MSCI Canada ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWC#NYSE">EWC</a>) rising 0.6%, while the Franklin FTSE Canada ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLCA#NYSE">FLCA</a>) gained 0.7%.
<h3 class="wp-block-heading">Wednesday&#8217;s Top Gainers in Canadian Stocks:</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>1-Day %</td>
</tr>
<tr>
<td>Cameco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>)</td>
<td>3.58%</td>
</tr>
<tr>
<td>TELUS Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TU#NYSE">TU</a>)</td>
<td>3.52%</td>
</tr>
<tr>
<td>Innergex Renewable Energy Inc.</td>
<td>3.52%</td>
</tr>
<tr>
<td>Cargojet OYJ (OTCPK: CYJBY)</td>
<td>3.10%</td>
</tr>
<tr>
<td>Bombardier Inc. (OTCPK: BDRBF)</td>
<td>2.87%</td>
</tr>
<tr>
<td>Bausch Health Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHC#NYSE">BHC</a>)</td>
<td>2.72%</td>
</tr>
<tr>
<td>Terra Vest Industries Inc.</td>
<td>2.70%</td>
</tr>
</tbody>
</table>
</figure>
Now Read:
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Bank Of Canada Cuts Rates Again As Inflation, Labor Market Cool: Canadian Stocks Rebound, Loonie Strengthens

TELUS Corporation&nbsp;today announced that it has acquired, through a wholly owned subsidiary, an aggregate of 2,593,178 subordinate voting shares in the capital of TELUS International (Cda) Inc. (&quot;TELUS Digital&quot;) by way of market purchases over the facilities of the Toronto Stock Exchange. The acquired subordinate voting shares (the &quot;Purchased Shares&quot;) represent more than&nbsp;2%&nbsp;of the outstanding subordinate voting shares acquired since TELUS&#39; prior early warning report filed on&nbsp;May 16, 2023

Reported Earlier, TELUS Increases Stake In TELUS Digital With Acquisition Of Over 2.5M Subordinate Voting Shares

TELUS Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tu#NYSE">TU</a>) has unveiled a plan to make $19.2 million worth TELUS PureFibre services available in Doig River First Nation, located about 70 kilometers northeast of Fort St. John, as well as to hundreds of homes in 14 other communities. This significant step underscores TELUS&#39; ongoing efforts to bring its PureFibre technology to numerous communities, residents and businesses.
The new fibre-optic network will support TELUS&#39; wireless services, set the stage for future 5G technologies and provide Doig River First Nation residents with the resources needed to participate and gain from the digital economy.
In 2011, Doig River First Nation was among the first to receive broadband through the Pathways to Technology initiative. The Pathways project will fund the fibre upgrade, with TELUS being its longstanding partner.
TELUS PureFibre is a 100% fibre-to-the-home network as it uses cutting-edge fibre optics directly to homes and businesses, providing the fastest possible speeds. As Western Canada&#39;s established fibre network, TELUS offers fast, symmetrical upload and download speeds with reliable and sustainable technology.
High-speed Internet is essential in today&#39;s digital world, whether for accessing healthcare or growing a business. By 2027, Atlantic Canada&#39;s federal government, in partnership with TELUS, plans to bring high-speed Internet to every home in British Columbia.
Last month, TELUS unveiled its plan to make TELUS PureFibre services available in the Township of Langley, Kwantlen First Nation&#39;s McMillan Island 6 and Katzie First Nation&#39;s Katzie 2 communities.
TELUS is dedicated to working with indigenous, federal, provincial and local governments to expand access to their advanced technology. The company highlighted that this collaboration aims to ensure that everyone in Canada has the resources needed to reach their full potential and improve their social and economic outcomes.
TELUS is one of the leading communications technology firms, known for its expertise in developing, constructing and delivering advanced solutions, including artificial intelligence and content moderation.
TU currently carries a Zacks Rank #3 (Hold). Shares of the company have lost 6.8% in the past year compared with the sub-industry&#39;s decline of 2.4%.
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<h3>Stocks to Consider</h3>
Badger Meter, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bmi#NYSE">BMI</a>), sporting a Zacks Rank #1 (Strong Buy) at present, has a long-term earnings growth expectation of 17.9% and delivered an earnings surprise of 12.89%, on average, in the trailing four quarters. In the last reported quarter, BMI delivered an earnings surprise of 14.29%.
Arista Networks, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anet#NYSE">ANET</a>), sporting a Zacks Rank #1 at present, has a long-term earnings growth expectation of 17.2% and delivered an earnings surprise of 15.02%, on average, in the trailing four quarters. In the last reported quarter, ANET delivered an earnings surprise of 8.25%.
Itron, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/itri#NASDAQ">ITRI</a>), carrying a Zacks Rank #2 (Buy) at present, has a long-term earnings growth expectation of 26% and delivered an earnings surprise of 57.02%, on average, in the trailing four quarters. In the last reported quarter, ITRI delivered an earnings surprise of 26.04%.
<a href="https://www.zacks.com/stock/news/2321441/telus-tu-continues-purefibre-expansion-to-boost-connectivity?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2321441">To read this article on Zacks.com click here.</a>

ANET

ITRI

TELUS Continues PureFibre Expansion to Boost Connectivity

Canada Telecom Regulator To Require BCE, Telus, And Sasktel To Provide Rivals With Wholesale Access To Fiber-Optic Networks

The net proceeds of this offering will be used for the repayment of outstanding indebtedness, including the repayment of commercial paper (incurred for general working capital purposes) and the reduction of cash amounts outstanding under an arm&#39;s length securitization trust under which an affiliate of TELUS is able to borrow against certain trade receivables and unbilled customer finance receivables (incurred for general working capital purposes), and for other general corporate purposes.&nbsp;

Reported Earlier, TELUS Announces $700M Senior Unsecured Notes Offering With 4.65% Yield, Set To Mature In 2031

Multi-year agreement will bring monetization operations to Amazon Web Services (AWS) for enhanced flexibility and reduced costs
JERSEY CITY, NJ / ACCESSWIRE / August 8, 2024 / Amdocs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOX#NASDAQ">DOX</a>), a leading provider of software and services to communications and media companies, today announced a managed services agreement with TELUS, a <a href="https://pr.report/1dbx">world-leading</a> communications technology company to move their existing on-premise monetization operations to Amazon Web Services (AWS).
By migrating these operations to AWS' state-of-the-art cloud infrastructure, TELUS will benefit from enhanced flexibility, reliability and scalability so it can bring new products to market faster, at reduced costs, while elevating the customer experience.

AMZN

Amdocs Signs Multi-Year Managed Services Agreement With TELUS To Move Their Existing On-Premise Monetization Operations To Amazon Web Services

RBC Capital analyst Drew McReynolds maintains TELUS (TSX:<a class="ticker" href="https://www.benzinga.com/stock/T#TSX">T</a>) with a Outperform and lowers the price target from C$26 to C$25.

Price Target

RBC Capital Maintains Outperform on TELUS, Lowers Price Target to C$25

National Bank downgraded Telus (TU) to Sector Perform from Outperform with a C$22 price target Published first on TheFly – the ultimate source for ...

Telus downgraded to Sector Perform from Outperform at National Bank

What Might The Federal Reserve Say After Cutting Rates In December

Morgan Stanley analyst Benjamin Swinburne assumed coverage of Telus (TU) with an Equal Weight rating with a price target of C$22, down from C$23. T...

Telus assumed with an Equal Weight at Morgan Stanley

In a report released today, Aravinda Galappatthige from Canaccord Genuity maintained a Hold rating on Telus (TU – Research Report), with a price ta...

Hold Rating for Telus Amidst Competitive Pressures and Limited Growth Prospects

Canaccord analyst Aravinda Galappatthige lowered the firm's price target on Telus (TU) to C$20.75 from C$22 and keeps a Hold rating on the shares. ...

Telus price target lowered to C$20.75 from C$22 at Canaccord

JPMorgan lowered the firm's price target on Telus (TU) to C$22 from C$23 and keeps a Neutral rating on the shares. The firm updated the company's e...

Telus price target lowered to C$22 from C$23 at JPMorgan

Analyst Sebastiano Petti of J.P. Morgan maintained a Hold rating on Telus (TU – Research Report), with a price target of C$22.00. Sebastiano Petti ...

Telus Faces Increased Competition and Pricing Pressures, Leading to Revised Price Target

National Bank lowered the firm's price target on Telus (TU) to C$21 from C$22 and keeps a Sector Perform rating on the shares. Published first on T...

Telus price target lowered to C$21 from C$22 at National Bank

2025 Analyst Outlook: Chris Lau On Tariffs, Global Worries, EVs, And An AI Bubble

Scotiabank analyst Maher Yaghi lowered the firm's price target on Telus (TU) to C$22.50 from C$23.25 and keeps an Outperform rating on the shares. ...

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