Raymond James Comments on Teck Resources Ltd.’s Q2 2021 Earnings (TSE:TCK)

Teck Resources Ltd. (TSE:TCK) – Research analysts at Raymond James boosted their Q2 2021 earnings estimates for Teck Resources in a research report issued to clients and investors on Tuesday, June 8th. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.64 per share for the quarter, up from their previous estimate of $0.58. Raymond James also issued estimates for Teck Resources’ Q4 2021 earnings at $0.81 EPS and FY2021 earnings at $2.92 EPS.

Teck Resources (TSE:TCK) last issued its quarterly earnings data on Wednesday, April 28th. The company reported C$0.61 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.54 by C$0.07. The firm had revenue of C$2.55 billion for the quarter, compared to analysts’ expectations of C$2.59 billion.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 30th. Investors of record on Tuesday, June 15th will be given a $0.05 dividend. The ex-dividend date is Monday, June 14th. This represents a $0.20 annualized dividend and a yield of ∞.

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Earnings History and Estimates for Teck Resources (TSE:TCK)

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