Q4 EPS Estimates for Teck Resources Decreased by Analyst

Teck Resources Ltd. (TSE:TCK) – Raymond James lowered their Q4 2024 earnings per share (EPS) estimates for Teck Resources in a research report issued on Tuesday, January 21st. Raymond James analyst B. Macarthur now expects that the company will earn $0.43 per share for the quarter, down from their previous forecast of $0.67. Raymond James also issued estimates for Teck Resources’ Q1 2025 earnings at $0.46 EPS, Q2 2025 earnings at $0.56 EPS and FY2025 earnings at $2.26 EPS.

Teck Resources (TSE:TCK) last announced its earnings results on Thursday, October 24th. The company reported C$0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.49 by C$0.11. During the same quarter last year, the company earned $0.76 EPS.

A number of other equities research analysts have also commented on the company. UBS Group lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. Citigroup raised shares of Teck Resources to a “hold” rating in a research report on Wednesday, October 2nd. Finally, National Bank Financial downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 9th. Four research analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Teck Resources Stock Performance