Teck Resources FY2024 EPS Forecast Reduced by Zacks Research

Teck Resources Ltd. (TSE:TCKFree Report) – Analysts at Zacks Research reduced their FY2024 EPS estimates for shares of Teck Resources in a research note issued to investors on Monday, February 10th. Zacks Research analyst M. Das now anticipates that the company will earn $2.25 per share for the year, down from their prior forecast of $2.27. Zacks Research also issued estimates for Teck Resources’ Q4 2024 earnings at $0.25 EPS, Q1 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.42 EPS, FY2025 earnings at $1.54 EPS and FY2026 earnings at $1.76 EPS.

TCK has been the topic of a number of other research reports. National Bank Financial lowered shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 9th. UBS Group lowered shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Teck Resources has a consensus rating of “Moderate Buy”.

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