TELUS International (Cda) (TIXT) Scheduled to Post Quarterly Earnings on Thursday

TELUS International (Cda) (NYSE:TIXT) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.19 per share for the quarter. TELUS International (Cda) has set its FY24 guidance at $0.93-0.98 EPS and its FY 2024 guidance at 0.930-0.980 EPS.Parties that wish to register for the company’s conference call can do so using this link.

TELUS International (Cda) (NYSE:TIXT) last released its earnings results on Friday, February 9th. The company reported $0.26 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.26. The firm had revenue of $692.00 million during the quarter, compared to analyst estimates of $691.00 million. TELUS International (Cda) had a return on equity of 11.74% and a net margin of 1.99%. TELUS International (Cda)’s revenue was up 9.8% compared to the same quarter last year. During the same period last year, the business posted $0.34 earnings per share. On average, analysts expect TELUS International (Cda) to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TELUS International (Cda) Stock Performance

Shares of TIXT opened at $7.86 on Wednesday. The stock has a 50-day simple moving average of $8.65 and a 200-day simple moving average of $8.37. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.14 and a current ratio of 1.14. TELUS International has a 1 year low of $6.03 and a 1 year high of $18.09. The stock has a market capitalization of $839.68 million, a PE ratio of 52.40, a PEG ratio of 1.00 and a beta of 0.86.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Canaccord Genuity Group reduced their price objective on shares of TELUS International (Cda) from $16.50 to $16.00 and set a “buy” rating on the stock in a report on Tuesday. Scotiabank lowered their price target on TELUS International (Cda) from $15.00 to $13.00 and set a “sector outperform” rating for the company in a report on Monday, April 29th. TheStreet raised shares of TELUS International (Cda) from a “d” rating to a “c-” rating in a report on Monday, February 12th. Citigroup lowered their target price on shares of TELUS International (Cda) from $10.00 to $8.50 and set a “neutral” rating for the company in a report on Monday, April 22nd. Finally, Barclays cut their price target on shares of TELUS International (Cda) from $12.00 to $9.00 and set an “equal weight” rating on the stock in a research note on Friday, April 26th. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $13.30.

TELUS International (Cda) Company Profile

TELUS International (Cda) Inc design, builds, and delivers digital solutions for customer experience (CX) in the Asia-Pacific, the Central America, Europe, Africa, North America, and internationally. The company provides digital experience solutions, such as AI and bots, omnichannel CX, enterprise mobility solutions, cloud contact center, big data analytics, platform transformation, and UX/UI design; and customer experience solutions, including work anywhere/work from home, contact center outsourcing, technical support, sales growth and customer retention, healthcare/patient experience, and debt collection.