B. Riley Has Bearish Outlook for Teck Resources Q4 Earnings

Teck Resources Ltd. (TSE:TCKFree Report) – Analysts at B. Riley lowered their Q4 2024 earnings per share estimates for Teck Resources in a research report issued to clients and investors on Tuesday, January 28th. B. Riley analyst N. Giles now expects that the company will post earnings per share of $0.34 for the quarter, down from their previous estimate of $0.37. B. Riley also issued estimates for Teck Resources’ FY2025 earnings at $2.22 EPS and FY2026 earnings at $2.01 EPS.

Other equities research analysts have also recently issued research reports about the company. National Bank Financial cut Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 9th. UBS Group downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

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Teck Resources Stock Performance

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

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