FY2024 EPS Estimates for Teck Resources Decreased by Analyst

Teck Resources Ltd. (TSE:TCKFree Report) – Stock analysts at National Bank Financial decreased their FY2024 earnings per share (EPS) estimates for Teck Resources in a research note issued on Monday, December 9th. National Bank Financial analyst S. Nagle now expects that the company will earn $2.39 per share for the year, down from their prior forecast of $2.54. National Bank Financial has a “Hold” rating on the stock. National Bank Financial also issued estimates for Teck Resources’ FY2027 earnings at $1.92 EPS.

Other analysts have also issued reports about the company. UBS Group lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Citigroup upgraded Teck Resources to a “hold” rating in a research report on Wednesday, October 2nd. Four research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

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

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