$TU

TELUS CORP

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No SEC Form 4 filings for $TU in the last 30 days.

TELUS (TU) Q2 2026 Earnings Call Transcript

TELUS (TU) reported Q2 2026 results: service revenue C$4.4B (-1% YoY), adjusted EBITDA C$1.8B (-2%), adjusted EPS C$0.16, and free cash flow C$545M (+2%). The company cut its dividend to C$0.1875/share (-55%), targets net debt/EBITDA of 3x by end-2028, and recorded a C$2.1B TELUS Digital impairment. 2026 guidance was revised lower.

Stocks Reach Skyward

Toronto’s TSX rose 1.6% to 35,801.59 as investors reacted to hopes for another opening of the Strait of Hormuz. Canadian dollar slipped to 71.10 U.S. cents. 5N Plus fell after Q2 results; Telus was downgraded after its results. Suncor and Orla moved on upcoming earnings. In the U.S., S&P 500 and Dow hit records; Palantir surged on Q2, with commercial revenue up 149% to $764 million.

TU sentiment & insider activity

Over the past 7 days, alphai's AI scored 17 news stories mentioning TU (TELUS CORP). Coverage has skewed bearish: 1 bullish, 3 neutral, and 13 bearish.

Recent TU coverage spans market movers, earnings and financial news.

What's driving TU

  • Dividend cut and outlook reset are a direct, company-specific catalyst likely to keep TU under pressure versus income-focused peers.

    bbntimes.com · Aug 8, 2026

  • Guidance reset plus a large TELUS Digital impairment and a dividend cut signal weaker earnings power and higher balance-sheet focus, likely pressuring TU sentiment near term.

    fool.com · Aug 8, 2026

  • Downgrades are a negative fundamental signal, but the small positive price reaction suggests limited immediate downside or offsetting factors.

    baystreet.ca · Aug 7, 2026

  • Earnings miss on adjusted EPS plus a declared dividend sets a near-term valuation and income-catalyst narrative.

    moneysense.ca · Aug 7, 2026

  • Impairment-driven loss plus a dividend reset and lowered 2026 outlook increases balance-sheet and cash-return risk, likely keeping downside pressure on equity and income positioning.

    simplywall.st · Aug 6, 2026

alphai scores every news story that mentions TU with an AI model for sentiment and relevance, and aggregates insider trades from TELUS CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $TU

Score
$TUHighAI 9/10

TELUS (TU) Q2 2026 Earnings Call Transcript

TELUS (TU) reported Q2 2026 results: service revenue C$4.4B (-1% YoY), adjusted EBITDA C$1.8B (-2%), adjusted EPS C$0.16, and free cash flow C$545M (+2%). The company cut its dividend to C$0.1875/share (-55%), targets net debt/EBITDA of 3x by end-2028, and recorded a C$2.1B TELUS Digital impairment. 2026 guidance was revised lower.

Stocks Reach Skyward

Toronto’s TSX rose 1.6% to 35,801.59 as investors reacted to hopes for another opening of the Strait of Hormuz. Canadian dollar slipped to 71.10 U.S. cents. 5N Plus fell after Q2 results; Telus was downgraded after its results. Suncor and Orla moved on upcoming earnings. In the U.S., S&P 500 and Dow hit records; Palantir surged on Q2, with commercial revenue up 149% to $764 million.

$TUMed

Beware of Telus, Reddit, and Apple

Telus (TU) announced a CAD 0.1875 per-share dividend, a cut of over 50% versus expectations, citing cash preservation amid $30.23B long-term debt and $1.387B cash. The article also notes Reddit (RDDT) shares fell about 21% after Q2 results, and Apple (AAPL) guidance tied to higher memory and cloud subscription rates.

$TULow

Futures Barrel Forward

Canada’s TSX commodity-heavy index rose slightly in early Tuesday trading as oil climbed amid Middle East conflict uncertainty and gold was steady. Telus was reportedly downgraded by at least three brokerages after quarterly results. Suncor and other energy and mining firms, plus 5N Plus, are set to report earnings. Canada exports and imports rose modestly in June; trade surplus widened to $3.9B.

Tuesday’s analyst upgrades and downgrades

Analysts issued mixed rating changes after Telus cut its quarterly dividend and reduced guidance. National Bank Financial downgraded Telus to sector perform, citing a steeper-than-expected dividend cut and weaker outlook. Telus shares fell 11.3%. Telus now expects flat to down 2% revenue and -2% to -4% adjusted EBITDA. Jefferies upgraded Power Corp. (POW) to buy, citing NAV discount and Wealthsimple upside.

$TUMed

Why is Telus stock sliding today?

Investing.com reports Telus Corp (TU) fell 2.2% in pre-open to $9.38 after its July 31 Q2 2026 results. The company recorded a $2.1B non-cash impairment at TELUS Digital, leading to a $1.8B net loss. Telus cut full-year guidance, adjusted EBITDA, and reduced its dividend 55% to C$0.1875, prompting analyst downgrades.

$TULow

Beware of Telus, Reddit, and Apple

Telus (TU) announced a CAD 0.1875 per-share dividend, cutting it by over 50% versus expectations, citing cash preservation amid long-term debt of $30.23B and $1.387B cash. Reddit (RDDT) dropped about 21% after GAAP EPS of $1.25 and revenue up 61% to $805M. Apple (AAPL) faced demand concerns tied to price hikes and cloud rate increases, with guidance below expectations.

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