Teck Resources Q4 EPS Reduced by National Bank Financial

Teck Resources Ltd. (TSE:TCK) – National Bank Financial decreased their Q4 2024 earnings per share (EPS) estimates for shares of Teck Resources in a research note issued to investors on Tuesday, January 21st. National Bank Financial analyst S. Nagle now forecasts that the company will earn $0.31 per share for the quarter, down from their prior forecast of $0.40. National Bank Financial currently has a “Hold” rating on the stock. National Bank Financial also issued estimates for Teck Resources’ FY2025 earnings at $1.54 EPS.

TCK has been the topic of a number of other reports. Citigroup upgraded shares of Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. UBS Group cut Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. Four investment 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.com, the stock has a consensus rating of “Moderate Buy”.

Teck Resources Price Performance

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