TELUS (TU) Expected to Announce Earnings on Friday

Key Points

• Q1 2026 results scheduled before the market opens on Friday, May 8, with analysts forecasting EPS of $0.1564 and revenue of $3.639 billion; an earnings call is set for 1:30 PM ET.
• TELUS recently paid a quarterly dividend of $0.4184 (annualized $1.67), representing a 13.3% yield but a very high payout ratio of 236.54%.
• Analyst sentiment is mixed—consensus is a "Hold" with an average price target of $17.63—while the stock trades around $12.55 and the company has a $19.43 billion market cap.

TELUS (NYSE:TU - Get Free Report) TSE: T is expected to be posting its Q1 2026 results before the market opens on Friday, May 8th. Analysts expect TELUS to post earnings of $0.1564 per share and revenue of $3.6390 billion for the quarter. Individuals are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Friday, May 8, 2026 at 1:30 PM ET.

TELUS (NYSE:TU - Get Free Report) TSE: T last posted its earnings results on Thursday, February 12th. The Wireless communications provider reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.03). The firm had revenue of $3.83 billion for the quarter, compared to analysts' expectations of $3.85 billion. TELUS had a return on equity of 8.42% and a net margin of 5.42%.During the same quarter in the previous year, the firm posted $0.25 earnings per share. On average, analysts expect TELUS to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TELUS Stock Up 2.7%

TU opened at $12.55 on Friday. The business's fifty day moving average is $12.94 and its two-hundred day moving average is $13.49. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.81 and a current ratio of 0.86. The company has a market cap of $19.43 billion, a price-to-earnings ratio of 24.13, a PEG ratio of 4.46 and a beta of 0.68. TELUS has a one year low of $11.69 and a one year high of $16.74.

TELUS Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th were given a dividend of $0.4184 per share. This represents a $1.67 dividend on an annualized basis and a yield of 13.3%. The ex-dividend date was Wednesday, March 11th. TELUS's payout ratio is presently 236.54%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. TD Securities upgraded TELUS from a "buy" rating to a "buy" rating in a research report on Tuesday. Canaccord Genuity Group cut TELUS from a "buy" rating to a "hold" rating in a report on Thursday, April 9th. Wall Street Zen cut TELUS from a "hold" rating to a "sell" rating in a report on Saturday, February 21st. Scotiabank cut TELUS from an "outperform" rating to a "sector perform" rating in a report on Friday, April 10th. Finally, Bank of America raised TELUS from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $14.50 to $16.00 in a report on Tuesday, March 10th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $17.63.

Institutional Investors Weigh In On TELUS

A number of hedge funds and other institutional investors have recently made changes to their positions in TU. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of TELUS by 1.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 779,692 shares of the Wireless communications provider's stock valued at $11,181,000 after purchasing an additional 11,900 shares during the period. Cetera Investment Advisers grew its position in shares of TELUS by 1.9% in the second quarter. Cetera Investment Advisers now owns 46,099 shares of the Wireless communications provider's stock valued at $739,000 after purchasing an additional 841 shares during the period. Legal & General Group Plc grew its position in shares of TELUS by 159.5% in the second quarter. Legal & General Group Plc now owns 37,274 shares of the Wireless communications provider's stock valued at $597,000 after purchasing an additional 22,912 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of TELUS by 67.7% in the second quarter. EverSource Wealth Advisors LLC now owns 8,698 shares of the Wireless communications provider's stock valued at $140,000 after purchasing an additional 3,510 shares during the period. Finally, Marshall Wace LLP purchased a new stake in shares of TELUS in the second quarter valued at $3,617,000. Hedge funds and other institutional investors own 49.40% of the company's stock.

About TELUS

TELUS Corporation NYSE: TU is a Canadian telecommunications and technology company headquartered in Vancouver, British Columbia. It delivers a broad portfolio of consumer and business communications services across Canada, including mobile wireless, fixed-line voice, broadband internet, and television. TELUS also provides a range of enterprise services such as cloud and IT solutions, managed network services, cybersecurity and Internet of Things (IoT) offerings for business customers.

Beyond core connectivity, TELUS has expanded into health and digital services.

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