VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Telus Corp. (TU) on Thursday reported fourth-quarter earnings of $255.9 million.
On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 17 cents. Earnings, adjusted for non-recurring costs, were 18 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.
The telecommunications company posted revenue of $3.85 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $3.64 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TU at https://www.zacks.com/ap/TU
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