Paradigm Capital Expects Lower Earnings for Teck Resources

Teck Resources Ltd. (TSE:TCKFree Report) – Equities researchers at Paradigm Capital dropped their Q4 2024 earnings estimates for Teck Resources in a research note issued on Wednesday, November 13th. Paradigm Capital analyst G. Lawson now expects that the company will post earnings per share of $0.81 for the quarter, down from their prior forecast of $0.83. Paradigm Capital currently has a “Moderate Buy” rating on the stock. Paradigm Capital also issued estimates for Teck Resources’ Q2 2025 earnings at $0.40 EPS, Q3 2025 earnings at $0.95 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.39 EPS, Q3 2026 earnings at $0.82 EPS, FY2026 earnings at $2.21 EPS, FY2027 earnings at $1.59 EPS and FY2028 earnings at $1.79 EPS.

A number of other research firms also recently weighed in on TCK. Citigroup raised Teck Resources to a “hold” rating in a research report on Wednesday, October 2nd. UBS Group cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. Three analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Teck Resources presently has a consensus rating of “Moderate Buy”.

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