Teck Resources Ltd. (TSE:TCK – Free Report) – Research analysts at B. Riley increased their Q4 2024 earnings estimates for shares of Teck Resources in a note issued to investors on Tuesday, October 1st. B. Riley analyst L. Pipes now expects that the company will earn $0.39 per share for the quarter, up from their prior estimate of $0.37. B. Riley also issued estimates for Teck Resources’ FY2025 earnings at $1.67 EPS and FY2026 earnings at $1.38 EPS.
Other research analysts have also recently issued reports about the stock. Eight Capital cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 11th. TD Securities upgraded shares of Teck Resources to a “strong-buy” rating in a research note on Tuesday, July 16th. Citigroup upgraded shares of Teck Resources to a “hold” rating in a research note on Wednesday. Paradigm Capital upgraded shares of Teck Resources to a “moderate buy” rating in a research note on Friday, July 26th. Finally, BMO Capital Markets upgraded shares of Teck Resources from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 15th. Three research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy”.
Teck Resources Stock Performance
Teck Resources (TSE:TCK – Get Free Report) last issued its quarterly earnings data on Wednesday, July 24th. The company reported C$0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.64 by C$0.15. The firm had revenue of C$3.87 billion during the quarter, compared to the consensus estimate of C$3.98 billion.
Teck Resources Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th 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 of this dividend was Friday, September 13th.
Featured Stories
- Five stocks we like better than Teck Resources
- NYSE Stocks Give Investors a Variety of Quality Options
- The Outlook for Interest Rate Cuts Got Blown Out of the Water
- Buy P&G Now, Before It Sets A New All-Time High
- 3 High-Risk, High-Reward Micro-Cap Stocks You Shouldn’t Ignore
- Energy and Oil Stocks Explained
- 3 Bargain Stocks Positioned for Gains After Missing 2024’s Rally
Receive News & Ratings for Teck Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teck Resources and related companies with MarketBeat.com's FREE daily email newsletter.
