Zacks Research Weighs in on Teck Resources Ltd.’s Q3 2024 Earnings (TSE:TCK)

Teck Resources Ltd. (TSE:TCK) – Analysts at Zacks Research dropped their Q3 2024 EPS estimates for shares of Teck Resources in a research report issued on Monday, June 17th. Zacks Research analyst M. Das now forecasts that the company will earn $0.83 per share for the quarter, down from their prior estimate of $1.02. Zacks Research also issued estimates for Teck Resources’ Q4 2024 earnings at $0.37 EPS, Q1 2025 earnings at $0.52 EPS, Q2 2025 earnings at $0.36 EPS, Q3 2025 earnings at $0.59 EPS, Q4 2025 earnings at $0.62 EPS and FY2025 earnings at $2.09 EPS.

Teck Resources Price Performance

Teck Resources (TSE:TCK) last announced its quarterly earnings results on Thursday, April 25th. The company reported C$0.75 earnings per share for the quarter, missing the consensus estimate of C$1.18 by C($0.43). The business had revenue of C$3.99 billion for the quarter, compared to analyst estimates of C$4.08 billion.

Teck Resources Announces Dividend

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