Teck Resources Ltd. Forecasted to Post Q1 2024 Earnings of $0.69 Per Share (TSE:TCK)

Teck Resources Ltd. (TSE:TCK) – Equities research analysts at B. Riley cut their Q1 2024 earnings per share estimates for Teck Resources in a research note issued on Tuesday, April 16th. B. Riley analyst L. Pipes now anticipates that the company will post earnings per share of $0.69 for the quarter, down from their previous forecast of $0.95. B. Riley also issued estimates for Teck Resources’ Q2 2024 earnings at $0.48 EPS, Q3 2024 earnings at $0.65 EPS, Q4 2024 earnings at $0.39 EPS and FY2024 earnings at $2.20 EPS.

Teck Resources (TSE:TCK) last posted its quarterly earnings data on Thursday, February 22nd. The company reported C$1.40 EPS for the quarter, topping analysts’ consensus estimates of C$1.35 by C$0.05. The business had revenue of C$4.11 billion during the quarter, compared to the consensus estimate of C$4.18 billion.

Teck Resources Price Performance

Teck Resources Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of ∞. The ex-dividend date was Thursday, March 14th.