Q2 2024 EPS Estimates for Teck Resources Ltd. Raised by Analyst (TSE:TCK)

Teck Resources Ltd. (TSE:TCK) – Equities researchers at Raymond James increased their Q2 2024 earnings per share (EPS) estimates for shares of Teck Resources in a research note issued to investors on Thursday, April 25th. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.94 per share for the quarter, up from their prior forecast of $0.88. Raymond James also issued estimates for Teck Resources’ Q4 2024 earnings at $0.56 EPS, Q1 2025 earnings at $0.50 EPS, Q2 2025 earnings at $0.53 EPS, Q3 2025 earnings at $0.56 EPS, Q4 2025 earnings at $0.57 EPS and FY2025 earnings at $2.16 EPS.

Teck Resources Stock Performance

Teck Resources (TSE:TCK) last released its earnings results on Thursday, February 22nd. The company reported C$1.40 earnings per share for the quarter, beating the consensus estimate of C$1.35 by C$0.05. The company had revenue of C$4.11 billion during the quarter, compared to analyst estimates of C$4.18 billion.

Teck Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 17th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Monday, June 17th.