FY2024 EPS Forecast for Teck Resources Increased by Analyst

Teck Resources Ltd. (TSE:TCKFree Report) – Stock analysts at Eight Capital upped their FY2024 earnings estimates for Teck Resources in a report issued on Wednesday, November 13th. Eight Capital analyst R. Profiti now anticipates that the company will post earnings per share of $2.53 for the year, up from their prior forecast of $2.43.

A number of other brokerages have also commented on TCK. UBS Group lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. Citigroup upgraded Teck Resources to a “hold” rating in a report on Wednesday, October 2nd. Finally, Paradigm Capital upgraded Teck Resources to a “moderate buy” rating in a research note on Friday, July 26th. Three analysts have rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Teck Resources has a consensus rating of “Moderate Buy”.

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Earnings History and Estimates for Teck Resources (TSE:TCK)

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