Teck Resources Ltd. (TSE:TCK – Get Rating) – Investment analysts at B. Riley boosted their Q1 2023 earnings per share estimates for Teck Resources in a research note issued on Monday, April 24th. B. Riley analyst L. Pipes now anticipates that the company will earn $1.77 per share for the quarter, up from their previous estimate of $1.42. B. Riley has a “Buy” rating on the stock. B. Riley also issued estimates for Teck Resources’ Q3 2023 earnings at $1.62 EPS, FY2023 earnings at $6.38 EPS, FY2024 earnings at $5.14 EPS and FY2025 earnings at $5.58 EPS.
Teck Resources (TSE:TCK – Get Rating) last announced its quarterly earnings results on Tuesday, February 21st. The company reported C$1.07 EPS for the quarter, missing the consensus estimate of C$1.30 by C($0.23). The business had revenue of C$3.14 billion during the quarter, compared to the consensus estimate of C$3.49 billion.
Teck Resources Stock Performance
Teck Resources Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 31st. Stockholders of record on Wednesday, March 15th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend was Tuesday, March 14th.
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