Back to top

Image: Bigstock

Telus (TU) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Read MoreHide Full Article

For the quarter ended September 2026, Telus (TU - Free Report) reported revenue of $3.59 billion, down 3.1% over the same period last year. EPS came in at $0.11, compared to $0.17 in the year-ago quarter.

The reported revenue represents a surprise of +0.65% over the Zacks Consensus Estimate of $3.57 billion. With the consensus EPS estimate being $0.13, the EPS surprise was -15.39%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Telus performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total telecom subscriber connections: 18.33 million versus the two-analyst average estimate of 18.19 million.
  • Subscribers - Mobile Phone: 10.42 million versus the two-analyst average estimate of 10.38 million.
  • Subscribers - Connected Device: 5.07 million versus the two-analyst average estimate of 4.96 million.
  • Subscribers - Internet: 2.84 million versus the two-analyst average estimate of 2.85 million.
  • Net Additions - Mobile Phone: 84 thousand compared to the 45.04 thousand average estimate based on two analysts.
  • Mobile phone gross additions: 395 thousand compared to the 388.39 thousand average estimate based on two analysts.
  • Net Additions - Internet: 10 thousand versus 18.07 thousand estimated by two analysts on average.
  • Total telecom subscriber connection net additions: 383 thousand versus the two-analyst average estimate of 242.03 thousand.
  • Mobile phone churn, per month: 1% versus 1.1% estimated by two analysts on average.
  • Fibre optic cable population coverage: 3.8 million versus 3.86 million estimated by two analysts on average.
  • Net Additions - Connected Device: 289 thousand versus the two-analyst average estimate of 178.92 thousand.

View all Key Company Metrics for Telus here>>>

Shares of Telus have returned +17.2% over the past month versus the Zacks S&P 500 composite's -5.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Published in