Telus reports fourth-quarter profit and revenue up from year ago

Telus reports fourth-quarter profit and revenue up from year ago | iNFOnews.ca
A woman walks in front of the Telus head office is shown in Toronto on Thursday, Feb. 11, 2021. THE CANADIAN PRESS/Frank Gunn

VANCOUVER – Telus Corp. reported its fourth-quarter profit and revenue rose compared with a year ago.

The company says its net income attributable to common shares totalled $358 million or 24 cents per share for the quarter ended Dec. 31.

The result compared with a profit of $288 million or 20 cents per share in the last three months of 2023.

Operating revenue and other income totalled $5.38 billion for the quarter, up from $5.20 billion a year earlier.

On an adjusted basis, Telus says it earned 25 cents per share in its latest quarter, up from an adjusted profit of 24 cents per share a year ago.

Analysts on average had expected an adjusted profit of 22 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Feb. 13, 2025.

Companies in this story: (TSX:T)

News from © The Canadian Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

The Canadian Press

The Canadian Press is Canada's trusted news source and leader in providing real-time, bilingual multimedia stories across print, broadcast and digital platforms.

Related Articles