Teck Resources Ltd. (TECK)
Teck Resources (TECK) Soars 15.0%: Is Further Upside Left in the Stock?
Teck Resources (TECK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Teck Resources Q4 Earnings Beat Estimates, Sales Improve Y/Y
TECK Q4 top line reflects gains from record copper production in the quarter.
Teck Resources Limited (TECK) Q4 2024 Earnings Call Transcript
Teck Resources Limited (NYSE:TECK ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Emma Chapman – Vice President, Investor Relations Jonathan Price – Chief Executive Officer Crystal Prystai – Chief Financial Officer Conference Call Participants Orest Wowkodaw – Scotiabank Carlos De Alba – Morgan Stanley Liam Fitzpatrick – Deutsche Bank Craig Hutchison – TD Cowen Lawson Winder – Bank of America Securities Myles Allsop – UBS Bill Peterson – JPMorgan Operator Ladies and gentlemen, thank you for standing by. Welcome to Teck's Fourth Quarter 2024 Earnings Release Conference Call.
Teck Resources Ltd (TECK) Q4 Earnings and Revenues Top Estimates
Teck Resources Ltd (TECK) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $1.02 per share a year ago.
Analysts Estimate Teck Resources Ltd (TECK) to Report a Decline in Earnings: What to Look Out for
Teck Resources (TECK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Teck Resources Reports '24 Production Results, Updates '25 Outlook
TECK's 2024 annual copper production came in at 446,00 tons, within its guidance of 420,000-455,000 tons.
Teck Resources: America's Ally in Rare Earth Elements
China flexed its muscles in the tit-for-tat technology resources squabble as they banned certain rare earth mineral exports to the United States. Specifically, they banned the sale of germanium, gallium, and antimony, effective immediately on December 3, 2024.
Teck Resources: Copper Has Bottomed Out, Expect More Stimulus From China
Copper prices have struggled in 2024, but we believe they have bottomed out, presenting a buying opportunity for bullish investors. We maintain a "Strong Buy" rating on Teck Resources due to its robust fundamentals and potential for significant returns in 2025. Short-term copper price weakness is driven by China's sluggish economic recovery and the strong U.S. dollar, but these factors are likely temporary.
Teck Resources & Grid Metals to Develop Makwa Nickel Project in Canada
TECK & Grid Metals join forces to explore the Makwa nickel project. TECK has the option to acquire up to 70% stake in the project.
Teck Resources lowers annual copper production guidance
Teck Resources Ltd (TSX:TECK.B) has downwardly revised its annual copper production guidance, sending its shares more than 5% lower on Thursday. The company now expects copper production in the range of 420,000 to 455,000 tons, compared to its earlier forecast of 435,000 to 500,000 tons.
Teck Resources Limited (TECK) Q3 2024 Earnings Call Transcript
Teck Resources Limited (NYSE:TECK ) Q3 2024 Earnings Call Transcript October 24, 2024 11:00 AM ET Company Participants Fraser Phillips - Senior Vice President, Investor Relations & Strategic Analysis Jonathan Price - Chief Executive Officer Crystal Prystai - Chief Financial Officer Shehzad Bharmal - Senior Vice President, Operations Ian Anderson - Executive Vice President & Chief Commercial Officer Conference Call Participants Orest Wowkodaw - Scotiabank Bryce Adams - CIBC Carlos De Alba - Morgan Stanley Chris LaFemina - Jefferies Liam Fitzpatrick - Deutsche Bank Myles Allsop - UBS Lucas Pipes - B. Riley Securities Timna Tanners - Wolfe Research Operator Ladies and gentlemen, thank you for standing by.
Teck Resources Ltd (TECK) Q3 Earnings Beat Estimates
Teck Resources Ltd (TECK) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.57 per share a year ago.
