By Canadian Press

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

Feb 13, 2025 | 6:03 AM

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.

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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)

The Canadian Press