FY2024 EPS Estimates for Teck Resources Decreased by Analyst

Teck Resources Ltd. (TSE:TCKFree Report) – Stock analysts at Zacks Research lowered their FY2024 earnings per share (EPS) estimates for shares of Teck Resources in a research note issued to investors on Wednesday, February 19th. Zacks Research analyst M. Das now anticipates that the company will earn $2.20 per share for the year, down from their prior estimate of $2.25. Zacks Research also issued estimates for Teck Resources’ Q4 2024 earnings at $0.20 EPS and Q4 2026 earnings at $0.42 EPS.

A number of other research firms have also recently weighed in on TCK. UBS Group cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. National Bank Financial lowered shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 9th. Four analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Teck Resources

Teck Resources Price Performance

Read More

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

Receive News & Ratings for Teck Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teck Resources and related companies with MarketBeat.com's FREE daily email newsletter.