TELUS International (Cda) Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line

In This Article:

TELUS International (Cda) (NYSE:TIXT) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$658.0m (flat on 3Q 2023).

  • Net loss: US$32.0m (down by 456% from US$9.00m profit in 3Q 2023).

  • US$0.12 loss per share (down from US$0.033 profit in 3Q 2023).

earnings-and-revenue-growth
NYSE:TIXT Earnings and Revenue Growth November 10th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

TELUS International (Cda) Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in the US.

Performance of the American Professional Services industry.

The company's shares are down 1.6% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for TELUS International (Cda) you should be aware of, and 1 of them is a bit concerning.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.