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BRIEF-TELUS reports Q4 2015 results and announces 2016 financial targets

Published 2016-02-11, 06:14 a/m
© Reuters.  BRIEF-TELUS reports Q4 2015 results and announces 2016 financial targets
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Feb 11 (Reuters) - TELUS Corp T.TO :
* Reports results for fourth quarter 2015 and announces 2016 financial targets
* Q4 adjusted earnings per share C$0.54
* Sees FY 2016 revenue up 2 to 3 percent
* Q4 revenue C$3.2 billion versus I/B/E/S view C$3.25 billion
* Q4 earnings per share view C$0.46 -- Thomson Reuters I/B/E/S
* Qtrly wireless blended arpu increased by 0.6 per cent to $63.74
* In wireline, qtrly high-speed internet net additions of 22,000 were unchanged
over the same quarter a year ago
* Qtrly wireless monthly postpaid subscriber churn of 1.01 per cent increased 7
basis points year-over-year
* In wireline, qtrly total tv net additions of 25,000 were lower by 3,000 over
the same quarter a year ago
* Qtrly reported basis basic earnings per share $0.44
* Qtrly wireless blended monthly churn improved 11 basis points to 1.32 per
cent
* Says in 2016, total restructuring costs are expected to be approximately $175
million
* Consolidated capital expenditures, excluding purchase of spectrum licences,
non-monetary transactions, in 2016 to be about $2.65 billion
* Sets quarterly dividend of C$0.44 per share
* Sees 2016 basic earnings per share $2.40 to $2.56
* FY 2016 earnings per share view C$2.70, revenue view C$12.93 billion --
Thomson Reuters I/B/E/S

* Source text for Eikon Further company coverage T.TO

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