Teck Resources (TCK) Scheduled to Post Earnings on Thursday

Teck Resources (TSE:TCK) is scheduled to post its quarterly earnings results before the market opens on Thursday, October 24th. Analysts expect Teck Resources to post earnings of C$0.62 per share for the quarter.

Teck Resources (TSE:TCK) last issued its quarterly earnings data on Wednesday, July 24th. The company reported C$0.79 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.64 by C$0.15. The company had revenue of C$3.87 billion for the quarter, compared to analysts’ expectations of C$3.98 billion.

Teck Resources Stock Performance

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TCK. Eight Capital lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 11th. BMO Capital Markets raised Teck Resources from a “hold” rating to a “strong-buy” rating in a report on Monday, July 15th. Citigroup raised Teck Resources to a “hold” rating in a report on Wednesday, October 2nd. TD Securities raised Teck Resources to a “strong-buy” rating in a report on Tuesday, July 16th. Finally, UBS Group raised Teck Resources from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 4th. Three research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.