Stocks in play: TELUS Corporation

Released its unaudited results for the fourth quarter of 2018, Consolidated operating revenue of $3.8 billion increased by 6.3% over the same period a year ago. Earnings before interest, income taxes, depreciation and amortization (EBITDA) increased by 1.1% to $1.2 billion due to higher revenue growth and higher wireless equipment margins. Adjusted EBITDA was up 4.3% when excluding restructuring and other costs from both periods, as well as the MTS net recovery and non-recurring losses and equity losses related to real estate joint ventures in the fourth quarter of 2017. TELUS Corporation shares T.T are trading down $0.12 at $46.78.