Telus: Q3 Earnings Snapshot

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Telus Corp. (TU) on Friday reported a loss of $476.7 million in its third quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 30 cents. Earnings, adjusted for non-recurring costs, came to 11 cents per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.

The telecommunications company posted revenue of $3.59 billion in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $3.57 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TU at https://www.zacks.com/ap/TU

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