FY2025 EPS Estimates for Teck Resources Cut by B. Riley

Teck Resources Ltd. (TSE:TCK) – Research analysts at B. Riley decreased their FY2025 earnings per share (EPS) estimates for shares of Teck Resources in a note issued to investors on Tuesday, October 22nd. B. Riley analyst L. Pipes now anticipates that the company will post earnings of $1.66 per share for the year, down from their prior forecast of $1.67. B. Riley also issued estimates for Teck Resources’ FY2026 earnings at $1.37 EPS.

Teck Resources (TSE:TCK) last announced its earnings results on Wednesday, July 24th. The company reported C$0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.64 by C$0.15. The business had revenue of C$3.87 billion for the quarter, compared to the consensus estimate of C$3.98 billion.

Several other equities analysts also recently weighed in on TCK. TD Securities upgraded Teck Resources to a “strong-buy” rating in a research report on Tuesday, July 16th. Citigroup raised Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. UBS Group upgraded Teck Resources from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 4th. Eight Capital cut Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 11th. Finally, Paradigm Capital raised shares of Teck Resources to a “moderate buy” rating in a report on Friday, July 26th. Two investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

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