Teck Resources Ltd. to Post Q2 2024 Earnings of $0.81 Per Share, Raymond James Forecasts (TSE:TCK)

Teck Resources Ltd. (TSE:TCK) – Analysts at Raymond James upped their Q2 2024 EPS estimates for Teck Resources in a research report issued on Saturday, July 6th. Raymond James analyst B. Macarthur now forecasts that the company will earn $0.81 per share for the quarter, up from their previous forecast of $0.75. Raymond James also issued estimates for Teck Resources’ Q1 2025 earnings at $0.55 EPS, Q2 2025 earnings at $0.52 EPS, Q3 2025 earnings at $0.48 EPS, Q4 2025 earnings at $0.50 EPS and FY2025 earnings at $2.05 EPS.

Teck Resources (TSE:TCK) last released its quarterly earnings data on Thursday, April 25th. The company reported C$0.75 EPS for the quarter, missing the consensus estimate of C$1.18 by C($0.43). The business had revenue of C$3.99 billion for the quarter, compared to analyst estimates of C$4.08 billion.

Teck Resources Stock Performance

Teck Resources Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 17th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date was Monday, June 17th.