TELUS Corp (TU: 38.02 +0.30 +0.80%) is a Canadian telecom company that offers solid growth potential and 5% dividend yield.Growth and Income
The company is expected to grow its EPS 14.2% in 2010, 7.2% in 2011, and 14.2% over the long term. The stock also offers investors a juicy dividend yield of 5.2%.
This Zacks #2 Rank stock trades at 12.4x year 2010 consensus EPS estimates and 11.6x year 2011 consensus EPS estimates.
Business
TELUS Corporation provides telecommunications products and services in Canada. It operates in two segments, Wireline and Wireless.
First-Quarter Results
On May 5, TELUS Corp announced revenue of $2.4 billion. That was flat year-over-year. The company’s revenue in wireless and wireline data services grew 4%, offsetting declines in its traditional voice services.
The company earned $0.81 per share, topping the Zacks Consensus Estimate by 13 cents, or 19.1%. Management also reiterated its full-year guidance that it first provided in Dec 2009.
EstimatesIn the last month, the Zacks Consensus Estimate for 2010 is higher by 1 cent to $3.03, while the Zacks Consensus Estimate for 2011 is up 2 cents to $3.24.
No comments:
Post a Comment