Analysts Issue Forecasts for Teck Resources FY2024 Earnings

Teck Resources Ltd. (TSE:TCKFree Report) – Research analysts at Eight Capital raised their FY2024 earnings per share (EPS) estimates for shares of Teck Resources in a note issued to investors on Wednesday, November 13th. Eight Capital analyst R. Profiti now expects that the company will earn $2.53 per share for the year, up from their previous forecast of $2.43.

Other analysts also recently issued research reports about the company. Citigroup upgraded Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. UBS Group downgraded Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Finally, Paradigm Capital upgraded Teck Resources to a “moderate buy” rating in a research note on Friday, July 26th. Three analysts have rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

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Earnings History and Estimates for Teck Resources (TSE:TCK)

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