Equities Analysts Offer Predictions for Teck Resources Ltd.’s Q2 2024 Earnings (TSE:TCK)

Teck Resources Ltd. (TSE:TCK) – Analysts at Raymond James upped their Q2 2024 EPS estimates for Teck Resources in a research note issued on Monday, April 22nd. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $0.88 for the quarter, up from their prior forecast of $0.73. Raymond James also issued estimates for Teck Resources’ Q3 2024 earnings at $1.22 EPS, Q4 2024 earnings at $0.52 EPS and FY2024 earnings at $3.28 EPS.

Teck Resources (TSE:TCK) last released its quarterly earnings results on Thursday, February 22nd. The company reported C$1.40 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.35 by C$0.05. The business had revenue of C$4.11 billion for the quarter, compared to the consensus estimate of C$4.18 billion.

Teck Resources Price Performance

Teck Resources Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of ∞.