Q1 2024 Earnings Estimate for Teck Resources Ltd. Issued By Raymond James (TSE:TCK)

Teck Resources Ltd. (TSE:TCKFree Report) – Equities researchers at Raymond James dropped their Q1 2024 EPS estimates for shares of Teck Resources in a note issued to investors on Wednesday, November 15th. Raymond James analyst B. Macarthur now forecasts that the company will earn $1.29 per share for the quarter, down from their prior forecast of $1.34. Raymond James also issued estimates for Teck Resources’ Q2 2024 earnings at $1.34 EPS, Q3 2024 earnings at $1.40 EPS and FY2024 earnings at $5.21 EPS.

Teck Resources (TSE:TCKGet Free Report) last released its earnings results on Tuesday, October 24th. The company reported C$0.76 EPS for the quarter, missing the consensus estimate of C$1.03 by C($0.27). The business had revenue of C$3.60 billion during the quarter, compared to analyst estimates of C$3.68 billion.

Separately, Scotiabank lowered Teck Resources from a “sector outperform” rating to a “sector perform” rating in a report on Tuesday, October 17th.

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

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