TELUS International (CDA) Inc reports results for the quarter ended March 31 - Earnings Summary

• TELUS International (CDA) Inc TIXT.TO reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 22 cents. The mean expectation of nine analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 4 cents to 6 cents per share.

• Revenue rose 2% to $670.00 million from a year ago; analysts expected $650.56 million.

• TELUS International (CDA) Inc's reported EPS for the quarter was a loss of 9 cents​.

• The company reported a quarterly loss of $25 million.

• TELUS International (CDA) Inc shares had fallen by 4.7% this quarter and lost 34.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 18.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "hold"

• Wall Street's median 12-month price target for TELUS International (CDA) Inc is $5.00

This summary was machine generated from LSEG data May 9 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)