Recap: TELUS Intl Q1 Earnings

TELUS Intl (NYSE:TIXT) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:45 AM. Here’s what…

TELUS Intl (NYSE:TIXT) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:45 AM.

Here’s what investors need to know about the announcement.

Earnings

TELUS Intl missed estimated earnings by 24.32%, reporting an EPS of $0.28 versus an estimate of $0.37.

Revenue was up $87.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 0.32% increase in the share price the next day.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

TELUS Intl management provided guidance for FY 2023, expecting earnings between $1.2 and $1.25 per share.

To track all earnings releases for TELUS Intl visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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