Q1 2024 EPS Estimates for Teck Resources Ltd. (TSE:TCK) Reduced by Analyst

Teck Resources Ltd. (TSE:TCK) – Investment analysts at B. Riley decreased their Q1 2024 earnings estimates for Teck Resources in a report issued on Tuesday, April 16th. B. Riley analyst L. Pipes now expects that the company will earn $0.69 per share for the quarter, down from their prior estimate of $0.95. B. Riley also issued estimates for Teck Resources’ Q2 2024 earnings at $0.48 EPS, Q3 2024 earnings at $0.65 EPS, Q4 2024 earnings at $0.39 EPS and FY2024 earnings at $2.20 EPS.

Teck Resources Stock Performance

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, topping analysts’ consensus estimates of C$1.35 by C$0.05. The firm had revenue of C$4.11 billion for the quarter, compared to analysts’ expectations of C$4.18 billion.

Teck Resources Announces Dividend

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