Teck Resources Ltd. (TSE:TCK) to Post FY2023 Earnings of $13.06 Per Share, National Bank Financial Forecasts

Teck Resources Ltd. (TSE:TCKGet Rating) – Analysts at National Bank Financial lifted their FY2023 EPS estimates for shares of Teck Resources in a report released on Monday, April 18th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $13.06 for the year, up from their prior estimate of $12.85.

Teck Resources (TSE:TCKGet Rating) last issued its earnings results on Thursday, February 24th. The company reported C$2.54 earnings per share for the quarter, missing the consensus estimate of C$2.57 by C($0.03). The firm had revenue of C$4.41 billion during the quarter, compared to analyst estimates of C$4.72 billion.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Tuesday, March 15th were paid a $0.625 dividend. The ex-dividend date of this dividend was Monday, March 14th. This is an increase from Teck Resources’s previous quarterly dividend of $0.05. This represents a $2.50 dividend on an annualized basis and a dividend yield of ∞.

See Also

Earnings History and Estimates for Teck Resources (TSE:TCK)

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