Teck Resources Ltd reports results for the quarter ended June 30 - Earnings Summary
Teck Resources Ltd reports results for the quarter ended June 30 - Earnings Summary
Teck Resources Ltd TECKb.TO reported quarterly adjusted earnings of C$1.93 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 38 cents. The mean expectation of fifteen analysts for the quarter was for earnings of C$1.25 per share. Wall Street expected results to range from 64 cents to C$1.96 per share.
Revenue rose 78.2% to C$3.61 billion from a year ago; analysts expected C$3.32 billion.
Teck Resources Ltd's reported EPS for the quarter was C$1.74.
The company reported quarterly net income of C$854 million.
Teck Resources Ltd shares had fallen by 4.5% this quarter and gained 22.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 37.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the diversified mining peer group is "buy."
Wall Street's median 12-month price target for Teck Resources Ltd is C$88.00, about 4.3% above its last closing price of C$84.18
This summary was machine generated from LSEG data July 24 at 05:07 a.m. UTC. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.25 | 1.93 | Beat |
Mar. 31 2026 | 1.14 | 1.75 | Beat |
Dec. 31 2025 | 0.91 | 1.37 | Beat |
Sep. 30 2025 | 0.49 | 0.76 | Beat |
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