Teck Resources Ltd. (TSE:TCK) to Post FY2024 Earnings of $4.71 Per Share, National Bank Financial Forecasts

Teck Resources Ltd. (TSE:TCK) – Equities research analysts at National Bank Financial lowered their FY2024 earnings per share (EPS) estimates for shares of Teck Resources in a research note issued to investors on Thursday, April 18th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $4.71 per share for the year, down from their previous forecast of $5.10.

Teck Resources Stock Performance

Teck Resources (TSE:TCK) last announced 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 business had revenue of C$4.11 billion for the quarter, compared to the consensus estimate of C$4.18 billion.

Teck Resources Dividend Announcement

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