Teck Resources Ltd. (TSE:TCK) Forecasted to Post Q2 2019 Earnings of $1.00 Per Share

Teck Resources Ltd. (TSE:TCK) – Analysts at National Bank Financial boosted their Q2 2019 earnings per share (EPS) estimates for Teck Resources in a note issued to investors on Tuesday, June 11th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $1.00 for the quarter, up from their prior forecast of $0.95. National Bank Financial also issued estimates for Teck Resources’ Q3 2019 earnings at $0.98 EPS, Q4 2019 earnings at $0.96 EPS, FY2019 earnings at $3.94 EPS, FY2020 earnings at $4.10 EPS and FY2021 earnings at $3.27 EPS.

Teck Resources (TSE:TCK) last released its quarterly earnings results on Tuesday, April 23rd. The company reported C$0.99 EPS for the quarter, beating the consensus estimate of C$0.95 by C$0.04. The business had revenue of C$3.11 billion during the quarter, compared to analysts’ expectations of C$2.98 billion.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.20 dividend on an annualized basis and a dividend yield of ∞.

Read More: Channel Trading

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

Receive News & Ratings for Teck Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teck Resources and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply