Q3 Earnings Forecast for Teck Resources Issued By Scotiabank

Key Points

• Scotiabank has revised its Q3 2025 earnings estimate for Teck Resources, lowering it from $0.50 to $0.37 per share, while maintaining an "Outperform" rating on the stock.
• Teck Resources reported a 12.3% increase in quarterly revenue year-over-year, totaling $1.49 billion, and achieved earnings of $0.27 per share for the last quarter, surpassing estimates.
• The company recently increased its quarterly dividend to $0.0918 per share, reflecting a commitment to returning value to investors despite a high dividend payout ratio of 94.74%.

Teck Resources Ltd (NYSE:TECK - Free Report) TSE: TECK - Stock analysts at Scotiabank dropped their Q3 2025 earnings per share estimates for shares of Teck Resources in a research note issued on Tuesday, October 14th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will post earnings of $0.37 per share for the quarter, down from their previous estimate of $0.50. Scotiabank has a "Outperform" rating on the stock. The consensus estimate for Teck Resources' current full-year earnings is $1.53 per share. Scotiabank also issued estimates for Teck Resources' Q4 2025 earnings at $0.26 EPS, FY2025 earnings at $1.31 EPS, Q1 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.56 EPS, FY2026 earnings at $1.83 EPS, Q1 2027 earnings at $0.51 EPS, Q2 2027 earnings at $0.40 EPS, Q3 2027 earnings at $0.51 EPS, FY2027 earnings at $1.93 EPS and FY2029 earnings at $1.62 EPS.

Teck Resources (NYSE:TECK - Get Free Report) TSE: TECK last announced its earnings results on Thursday, July 24th. The basic materials company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.20 by $0.07. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $2.25 billion. Teck Resources had a return on equity of 3.91% and a net margin of 2.51%.The business's quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.79 EPS.

Other research analysts have also issued reports about the company. Cibc World Mkts lowered Teck Resources from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 25th. Veritas lowered Teck Resources from a "hold" rating to a "strong sell" rating in a research report on Tuesday. Royal Bank Of Canada lowered their price objective on Teck Resources from $82.00 to $67.00 and set an "outperform" rating for the company in a research report on Friday, July 25th. Stifel Canada raised Teck Resources to a "hold" rating in a research report on Tuesday, July 8th. Finally, Canaccord Genuity Group lowered Teck Resources from a "buy" rating to a "hold" rating in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Teck Resources currently has an average rating of "Hold" and an average price target of $54.00.

Teck Resources Stock Up 1.0%

Shares of TECK opened at $44.26 on Friday. The company has a market capitalization of $21.26 billion, a PE ratio of 116.48, a PEG ratio of 0.62 and a beta of 0.92. Teck Resources has a 12 month low of $28.32 and a 12 month high of $51.48. The stock's 50-day moving average price is $37.94 and its two-hundred day moving average price is $36.77. The company has a current ratio of 3.47, a quick ratio of 2.45 and a debt-to-equity ratio of 0.15.

Teck Resources Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 15th were given a $0.0918 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, September 15th. This is a positive change from Teck Resources's previous quarterly dividend of $0.09. Teck Resources's dividend payout ratio is presently 94.74%.

Institutional Trading of Teck Resources

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Teck Resources during the 2nd quarter valued at about $437,657,000. 1832 Asset Management L.P. boosted its stake in Teck Resources by 1,555.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 5,738,457 shares of the basic materials company's stock valued at $231,719,000 after purchasing an additional 5,391,907 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Teck Resources by 56.9% during the 1st quarter. Principal Financial Group Inc. now owns 11,530,742 shares of the basic materials company's stock valued at $419,970,000 after purchasing an additional 4,180,623 shares during the last quarter. Canoe Financial LP acquired a new position in Teck Resources during the 2nd quarter valued at about $97,536,000. Finally, Picton Mahoney Asset Management acquired a new position in Teck Resources during the 2nd quarter valued at about $83,322,000. 78.06% of the stock is owned by institutional investors.

Teck Resources Company Profile

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen.

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