Teck Resources Q1 Swings to Adjusted Earnings, Revenue Increases

MT Newswires Live

04-24

Teck Resources (TECK) reported Q1 adjusted earnings Thursday of 0.60 Canadian dollars ($0.43) per diluted share, swinging from a loss of CA$0.01 a year earlier.

Analysts polled by FactSet expected earnings of CA$0.36.

Revenue for the quarter was CA$2.29 billion, up from CA$1.62 billion a year earlier.

Analysts surveyed by FactSet expected CA$2.15 billion.

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