Equities Analysts Set Expectations for Teck Resources Ltd.’s FY2023 Earnings (TSE:TCK)

Teck Resources Ltd. (TSE:TCK – Get Rating) – Analysts at Jefferies Financial Group lowered their FY2023 earnings per share (EPS) estimates for Teck Resources in a research report issued to clients and investors on Monday, April 3rd. Jefferies Financial Group analyst C. Lafemina now forecasts that the company will post earnings per share of $6.92 for the year, down from their previous forecast of $7.03.

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Separately, B. Riley raised Teck Resources from a “neutral” rating to a “buy” rating in a research report on Monday.

Teck Resources Price Performance

Teck Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 31st. Stockholders of record on Wednesday, March 15th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date was Tuesday, March 14th.

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