Q3 Earnings Forecast for Teck Resources Issued By Desjardins

Teck Resources Ltd (NYSE:TECKFree Report) (TSE:TECK) – Investment analysts at Desjardins issued their Q3 2025 EPS estimates for Teck Resources in a research note issued to investors on Tuesday, October 14th. Desjardins analyst B. Adams expects that the basic materials company will post earnings per share of $0.37 for the quarter. Desjardins currently has a “Hold” rating on the stock. The consensus estimate for Teck Resources’ current full-year earnings is $1.53 per share. Desjardins also issued estimates for Teck Resources’ Q4 2025 earnings at $0.41 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.48 EPS, Q1 2027 earnings at $0.61 EPS, Q2 2027 earnings at $0.59 EPS and Q3 2027 earnings at $0.82 EPS.

Teck Resources (NYSE:TECKGet Free Report) (TSE:TECK) last posted its quarterly earnings data on Thursday, July 24th. The basic materials company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.20 by $0.07. Teck Resources had a net margin of 2.51% and a return on equity of 3.91%. The business had revenue of $1.49 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same quarter last year, the firm posted $0.79 earnings per share. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year.

Several other research firms have also commented on TECK. Weiss Ratings reissued a “sell (d+)” rating on shares of Teck Resources in a research note on Wednesday, October 8th. UBS Group upgraded shares of Teck Resources from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 3rd. Royal Bank Of Canada decreased their price target on shares of Teck Resources from $82.00 to $67.00 and set an “outperform” rating for the company in a research note on Friday, July 25th. Cibc World Mkts downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 25th. Finally, Scotiabank reiterated an “outperform” rating on shares of Teck Resources in a research note on Wednesday, September 10th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Teck Resources currently has a consensus rating of “Hold” and an average target price of $54.00.

Read Our Latest Research Report on Teck Resources

Teck Resources Trading Down 2.1%

NYSE TECK opened at $43.38 on Friday. The firm has a 50 day simple moving average of $38.15 and a 200-day simple moving average of $36.82. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.45 and a current ratio of 3.47. Teck Resources has a one year low of $28.32 and a one year high of $51.48. The firm has a market cap of $20.84 billion, a price-to-earnings ratio of 114.15, a PEG ratio of 0.64 and a beta of 0.92.

Institutional Trading of Teck Resources

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC raised its holdings in Teck Resources by 5.6% during the first quarter. Sequoia Financial Advisors LLC now owns 10,354 shares of the basic materials company’s stock worth $377,000 after purchasing an additional 545 shares in the last quarter. Golden State Wealth Management LLC raised its holdings in Teck Resources by 7,560.0% during the first quarter. Golden State Wealth Management LLC now owns 1,149 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 1,134 shares in the last quarter. Cetera Investment Advisers raised its holdings in Teck Resources by 20.9% during the first quarter. Cetera Investment Advisers now owns 69,885 shares of the basic materials company’s stock worth $2,546,000 after purchasing an additional 12,092 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in Teck Resources by 22.6% during the first quarter. Oppenheimer Asset Management Inc. now owns 12,141 shares of the basic materials company’s stock worth $442,000 after purchasing an additional 2,240 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in Teck Resources by 1,611.2% during the first quarter. Wellington Management Group LLP now owns 751,146 shares of the basic materials company’s stock worth $27,358,000 after purchasing an additional 707,249 shares in the last quarter. Institutional investors and hedge funds own 78.06% of the company’s stock.

Teck Resources Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 15th were issued a dividend of $0.0918 per share. The ex-dividend date of this dividend was Monday, September 15th. This is an increase from Teck Resources’s previous quarterly dividend of $0.09. This represents a $0.37 dividend on an annualized basis and a yield of 0.8%. Teck Resources’s dividend payout ratio is 94.74%.

Teck Resources Company Profile

(Get Free Report)

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen.

See Also

Earnings History and Estimates for Teck Resources (NYSE:TECK)

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