February 11, 2016 - 6:24 AM
BURNABY, B.C. - BURNABY, British Columbia (AP) _ Telus Corp. (TU) on Thursday reported fourth-quarter profit of $195.5 million.
On a per-share basis, the Burnaby, British Columbia-based company said it had profit of 33 cents. Earnings, adjusted for non-recurring costs, were 40 cents per share.
The telecommunications company posted revenue of $2.41 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $2.37 billion.
For the year, the company reported profit of $1.04 billion, or $1.72 per share. Revenue was reported as $9.37 billion.
Telus expects full-year earnings to be $1.80 to $1.92 per share, with revenue in the range of $9.55 billion to $9.65 billion.
Telus shares have climbed 3.5 per cent since the beginning of the year. The stock has fallen 16 per cent in the last 12 months.
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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 http://www.zacks.com/ap/TU
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Keywords: Telus, Earnings Report
News from © The Associated Press, 2016