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

TELUS International (Cda) (NYSE:TIXT) will be posting its quarterly earnings results before the market opens on Friday, November 8th. Analysts expect TELUS International (Cda) to post earnings of $0.02 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

TELUS International (Cda) (NYSE:TIXT) last posted its quarterly earnings results on Friday, August 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.03). The firm had revenue of $652.00 million for the quarter, compared to the consensus estimate of $682.32 million. TELUS International (Cda) had a return on equity of 11.66% and a net margin of 2.70%. TELUS International (Cda)’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.16 EPS. On average, analysts expect TELUS International (Cda) to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TELUS International (Cda) Stock Performance

TIXT stock opened at $3.79 on Friday. TELUS International has a 1-year low of $2.83 and a 1-year high of $11.51. The business has a 50-day moving average price of $3.70 and a 200 day moving average price of $5.20. The company has a market capitalization of $404.89 million, a P/E ratio of 37.90, a PEG ratio of 1.19 and a beta of 0.69. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.09 and a quick ratio of 1.09.

Analysts Set New Price Targets

A number of brokerages have commented on TIXT. Scotiabank reduced their target price on shares of TELUS International (Cda) from $10.00 to $5.00 and set a “sector perform” rating for the company in a report on Wednesday, August 7th. CIBC downgraded shares of TELUS International (Cda) from a “sector outperform” rating to a “neutral” rating in a research note on Tuesday, August 6th. JPMorgan Chase & Co. downgraded TELUS International (Cda) from a “neutral” rating to an “underweight” rating and set a $7.00 price target on the stock. in a research report on Wednesday, July 17th. Bank of America cut TELUS International (Cda) from a “buy” rating to an “underperform” rating and lowered their price objective for the stock from $11.00 to $4.00 in a research report on Monday, August 5th. Finally, Barclays reduced their target price on TELUS International (Cda) from $7.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Monday, August 5th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $7.37.

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.