Q2 2024 Earnings Forecast for Teck Resources Ltd. Issued By Raymond James (TSE:TCK)

Teck Resources Ltd. (TSE:TCK) – Equities research analysts at Raymond James upped their Q2 2024 earnings per share estimates for shares of Teck Resources in a research report issued to clients and investors on Monday, April 22nd. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.88 per share for the quarter, up from their previous forecast of $0.73. Raymond James also issued estimates for Teck Resources’ Q3 2024 earnings at $1.22 EPS, Q4 2024 earnings at $0.52 EPS and FY2024 earnings at $3.28 EPS.

Teck Resources (TSE:TCK) last released its earnings results on Thursday, February 22nd. The company reported C$1.40 earnings per share for the quarter, beating the consensus estimate of C$1.35 by C$0.05. The firm had revenue of C$4.11 billion during the quarter, compared to analyst estimates of C$4.18 billion.

Teck Resources Price Performance

Teck Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend was Thursday, March 14th.