FY2024 EPS Estimates for Teck Resources Lowered by Analyst

Teck Resources Ltd. (TSE:TCKFree Report) – Analysts at Zacks Research cut their FY2024 earnings per share (EPS) estimates for shares of Teck Resources in a research note issued on Wednesday, February 19th. Zacks Research analyst M. Das now expects that the company will post earnings per share of $2.20 for the year, down from their previous forecast of $2.25. Zacks Research also issued estimates for Teck Resources’ Q4 2024 earnings at $0.20 EPS and Q4 2026 earnings at $0.42 EPS.

Several other equities analysts have also recently commented on TCK. UBS Group cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. National Bank Financial cut Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 9th. Four equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Analysis on Teck Resources

Teck Resources Price Performance

Read More

Earnings History and Estimates for Teck Resources (TSE:TCK)

Receive News & Ratings for Teck Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teck Resources and related companies with MarketBeat.com's FREE daily email newsletter.