Brokers Set Expectations for Teck Resources Ltd.’s Q2 2024 Earnings (TSE:TCK)

Teck Resources Ltd. (TSE:TCK) – Analysts at Raymond James boosted their Q2 2024 EPS estimates for shares of Teck Resources in a research note issued on Thursday, April 25th. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.94 for the quarter, up from their previous estimate of $0.88. Raymond James also issued estimates for Teck Resources’ Q4 2024 earnings at $0.56 EPS, Q1 2025 earnings at $0.50 EPS, Q2 2025 earnings at $0.53 EPS, Q3 2025 earnings at $0.56 EPS, Q4 2025 earnings at $0.57 EPS and FY2025 earnings at $2.16 EPS.

Teck Resources Stock Performance

Teck Resources (TSE:TCK) last announced its earnings results on Thursday, February 22nd. The company reported C$1.40 earnings per share for the quarter, topping analysts’ consensus estimates of C$1.35 by C$0.05. The firm had revenue of C$4.11 billion for the quarter, compared to the consensus estimate of C$4.18 billion.

Teck Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 17th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of ∞. The ex-dividend date is Monday, June 17th.