TELUS reports strong results for third quarter 2018

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Telus (TU) Tops Q3 EPS by 15c, Revenues Beat

November 8, 2018 6:47 AM EST

Telus (NYSE: TU) reported Q3 EPS of $0.74, $0.15 better than the analyst estimate of $0.59. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $2.65 billion.

TELUS reported strong operational and financial results for the third quarter, including robust customer growth across both the wireless and wireline segments of our business. This was buttressed by a continued excellent performance in wireless and wireline customer loyalty and lifetime revenue, said Darren Entwistle, President and CEO. Importantly, the TELUS team continues to achieve industry-leading postpaid wireless churn, and realized record third quarter high-speed Internet and TV... More