Teck Resources Q4 EPS Decreased by National Bank Financial

Teck Resources Ltd. (TSE:TCK) – Analysts at National Bank Financial decreased their Q4 2024 earnings estimates for shares of Teck Resources in a report issued on Tuesday, January 21st. National Bank Financial analyst S. Nagle now expects that the company will earn $0.31 per share for the quarter, down from their previous estimate of $0.40. National Bank Financial currently has a “Hold” rating on the stock. National Bank Financial also issued estimates for Teck Resources’ FY2025 earnings at $1.54 EPS.

Teck Resources (TSE:TCK) last issued its earnings results on Thursday, October 24th. The company reported C$0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.49 by C$0.11. During the same quarter last year, the firm posted $0.76 earnings per share.

A number of other analysts have also recently weighed in on the stock. Citigroup upgraded shares of Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. UBS Group cut 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 given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Teck Resources Stock Performance