Q2 2022 Earnings Estimate for Teck Resources Ltd. Issued By Raymond James (TSE:TCK)

Teck Resources Ltd. (TSE:TCKGet Rating) – Research analysts at Raymond James reduced their Q2 2022 earnings per share estimates for Teck Resources in a report released on Wednesday, April 27th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $2.58 per share for the quarter, down from their prior forecast of $2.72. Raymond James also issued estimates for Teck Resources’ Q3 2022 earnings at $1.95 EPS, Q4 2022 earnings at $1.78 EPS, FY2022 earnings at $9.28 EPS and FY2023 earnings at $5.83 EPS.

Teck Resources (TSE:TCKGet Rating) last released its quarterly earnings results on Thursday, February 24th. The company reported C$2.54 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$2.57 by C($0.03). The business had revenue of C$4.41 billion for the quarter, compared to the consensus estimate of C$4.72 billion.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th will be issued a dividend of $0.125 per share. The ex-dividend date is Tuesday, June 14th. This represents a $0.50 annualized dividend and a yield of ∞.

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

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