Scotiabank Forecasts Reduced Earnings for Teck Resources

Teck Resources Ltd. (TSE:TCKFree Report) – Research analysts at Scotiabank lowered their FY2026 earnings per share estimates for shares of Teck Resources in a research report issued to clients and investors on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now expects that the company will post earnings per share of $2.73 for the year, down from their prior estimate of $2.82.

Other research analysts have also issued reports about the company. Stifel Canada raised Teck Resources to a “hold” rating in a research report on Tuesday, July 8th. Veritas raised Teck Resources to a “hold” rating in a research report on Friday, April 11th. BMO Capital Markets raised Teck Resources to a “strong-buy” rating in a research report on Wednesday, April 16th. National Bank Financial raised Teck Resources from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 24th. Finally, Desjardins lowered Teck Resources from a “moderate buy” rating to a “hold” rating in a research report on Thursday. Five research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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

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