Telus Corp's recent earnings report shows a significant shortfall in expectations, prompting investors to rethink the company's future.
Recent earnings trend
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Telus Corp
T.TO
T.TO
Telus Corp
WealthAwesomeMarket cap
$20.89B
Div. yield
11.07%
Div. / share
$1.67
52W high
$21.20
52W low
$12.93
1W change
-7.08%
Beta
0.74
Analyst Price Targets
Based on analyst covering T
Wall Street analysts forecast T stock price to rise 37.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$18.36
+37.2% Upside
Current Price
C$13.38
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on T's historical volatility
30-Day Vol
43.6%
Annualized
90-Day Vol
30.8%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$11.19
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$12.61 | C$10.85 – C$14.65 |
| 60 trading days | C$11.88 | C$9.60 – C$14.69 |
| 90 trading days | C$11.19 | C$8.63 – C$14.52 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 9 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-06 | — | 0.1800 | — |
| 2026-06-30 | 2026-07-31 | 0.1600 | 0.2000 | -20.0% |
| 2026-03-31 | 2026-05-08 | 0.2300 | 0.2200 | +4.5% |
| 2025-12-31 | 2026-02-12 | 0.2000 | 0.2500 | -20.0% |
| 2025-09-30 | 2025-11-07 | 0.2400 | 0.2700 | -11.1% |
| 2025-06-30 | 2025-08-01 | 0.2200 | 0.2400 | -8.3% |
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Telus Corp (T.TO) reported its second-quarter earnings on July 31, 2026, with an EPS of C$0.16, which is 20% below analysts' expectations. These disappointing results come during a broader strategic reset for the telecom giant, including a substantial dividend cut and a non-cash impairment charge.
Investor takeaway: Investors should closely watch Telus's restructuring efforts and how the dividend cut affects shareholder confidence, while also considering its long-term growth strategies in the changing telecommunications landscape.
EPS Misses Estimates by 20% Amid Strategic Reset
Telus's adjusted earnings for Q2 2026 were C$0.16, significantly lower than the expected C$0.20. This marks a 27% decline year-over-year and raises concerns about its operational resilience.
Bull case
Telus's shift towards AI-driven services and a focus on improving operational efficiency could lead to future growth. This is especially true as the company embraces emerging technologies and works to stabilize its customer base.
Bear case
The significant dividend cut and ongoing challenges with revenue growth, along with increased competition in the telecom sector, present substantial risks that could impact Telus's stock performance in the near term.
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Wealth Awesome
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