• Teck Resources Ltd TECK.N reported quarterly adjusted earnings of 60 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 75 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from -1 cents to 57 cents per share.

• Revenue fell 42.6% to C$2.29 billion from a year ago; analysts expected C$2.13 billion.

• Teck Resources Ltd's reported EPS for the quarter was 73 cents​.

• The company reported quarterly net income of C$370 million.

• Teck Resources Ltd shares had fallen by 4.3% this quarter and lost 13.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 15.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the diversified mining peer group is also "buy"

• Wall Street's median 12-month price target for Teck Resources Ltd is C$70.50

This summary was machine generated from LSEG data April 24 at 01:30 p.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)