VANCOUVER, British Columbia (AP) _ Telus Corp. (TU) on Thursday reported fourth-quarter net income of $199.5 million.

On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 15 cents. Earnings, adjusted for one-time gains and costs, were 17 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

The telecommunications company posted revenue of $3.12 billion in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $3.13 billion.

For the year, the company reported profit of $901.1 million, or 70 cents per share. Revenue was reported as $11.54 billion.

Telus shares have increased roughly 8% since the beginning of the year. The stock has increased 3% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TU at https://www.zacks.com/ap/TU

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