Telus (TU) Misses Q3 Earnings Estimates
Telus reported quarterly earnings of $0.11 per share, missing the consensus estimate of $0.13 and down from $0.17 a year ago. The company has underperformed the market significantly, losing 28.5% year-to-date compared to the S&P 500's 7.4% gain. With a Zacks Rank #3 (Hold) rating and the Diversified Communication Services industry in the bottom 25% of rankings, the stock is expected to perform in line with the market going forward.