Teck Resources Ltd. (TSE:TCK – Free Report) – Stock analysts at National Bank Financial reduced their Q4 2024 EPS estimates for shares of Teck Resources in a research note 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 forecast of $0.40. National Bank Financial has a “Hold” rating on the stock. National Bank Financial also issued estimates for Teck Resources’ FY2025 earnings at $1.54 EPS.
Several other brokerages have also recently commented on TCK. Citigroup upgraded shares of Teck Resources to a “hold” rating in a report on Wednesday, October 2nd. UBS Group downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Four research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.
Teck Resources Stock Performance
Teck Resources (TSE:TCK – Get Free Report) last released its earnings results on Thursday, October 24th. The company reported C$0.60 earnings per share for the quarter, beating the consensus estimate of C$0.49 by C$0.11. During the same period last year, the business posted $0.76 earnings per share.
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