Teck Resources Ltd. (TSE:TCK) to Post Q2 2024 Earnings of $0.80 Per Share, B. Riley Forecasts

Teck Resources Ltd. (TSE:TCK) – Equities researchers at B. Riley increased their Q2 2024 earnings estimates for Teck Resources in a research note issued to investors on Tuesday, July 9th. B. Riley analyst L. Pipes now expects that the company will earn $0.80 per share for the quarter, up from their previous estimate of $0.60. B. Riley also issued estimates for Teck Resources’ Q3 2024 earnings at $0.82 EPS.

Teck Resources (TSE:TCK) last posted its quarterly earnings data on Thursday, April 25th. The company reported C$0.75 earnings per share for the quarter, missing the consensus estimate of C$1.18 by C($0.43). The company had revenue of C$3.99 billion for the quarter, compared to the consensus estimate of C$4.08 billion.

Teck Resources Stock Performance

Teck Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 17th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of ∞. The ex-dividend date was Monday, June 17th.