Q4 EPS Estimates for Teck Resources Lifted by Raymond James

Teck Resources Ltd. (TSE:TCK) – Equities researchers at Raymond James lifted their Q4 2024 earnings per share estimates for shares of Teck Resources in a report released on Wednesday, November 6th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.67 per share for the quarter, up from their previous forecast of $0.66. Raymond James also issued estimates for Teck Resources’ Q1 2025 earnings at $0.60 EPS, Q2 2025 earnings at $0.58 EPS, Q3 2025 earnings at $0.55 EPS, Q4 2025 earnings at $0.53 EPS and FY2025 earnings at $2.27 EPS.

Other equities analysts have also recently issued research reports about the stock. TD Securities upgraded shares of Teck Resources to a “strong-buy” rating in a research note on Tuesday, July 16th. UBS Group upgraded Teck Resources from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 4th. Paradigm Capital raised Teck Resources to a “moderate buy” rating in a report on Friday, July 26th. BMO Capital Markets raised Teck Resources from a “hold” rating to a “strong-buy” rating in a report on Monday, July 15th. Finally, Citigroup upgraded Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. Two research analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Teck Resources currently has an average rating of “Buy”.

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