Teck Resources Ltd. (TSE:TCK) – National Bank Financial upped their FY2018 EPS estimates for shares of Teck Resources in a research note issued on Tuesday, December 4th. National Bank Financial analyst S. Nagle now expects that the company will earn $4.65 per share for the year, up from their prior estimate of $4.54. National Bank Financial also issued estimates for Teck Resources’ FY2019 earnings at $4.23 EPS and FY2020 earnings at $3.48 EPS.
A number of other brokerages also recently issued reports on TCK. MKM Partners restated a “buy” rating on shares of Teck Resources in a report on Friday, October 19th. Seaport Global Securities upgraded Teck Resources from a “neutral” rating to a “buy” rating in a report on Monday, October 15th.
Teck Resources (TSE:TCK) last released its quarterly earnings data on Wednesday, October 24th. The company reported C$0.80 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.94 by C($0.14). The firm had revenue of C$3.21 billion during the quarter, compared to analysts’ expectations of C$3.12 billion.
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 31st. Investors of record on Friday, December 14th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $0.20 dividend on an annualized basis and a yield of ∞.