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)
The Canadian Press