What is Desjardins' Estimate for Teck Resources Q3 Earnings?

Key Points

• Desjardins forecasts Teck Resources will report a Q3 2025 earnings per share of $0.37, maintaining a "Hold" rating on the stock.
• Teck's latest earnings report showed an actual EPS of $0.27, exceeding analyst expectations by $0.07, but revenue fell short of projections.
• JPMorgan Chase raised its price target for Teck Resources from $41 to $43, while other brokerages adjusted their ratings, reflecting varying outlooks on the stock.

Teck Resources Ltd (NYSE:TECK - Free Report) TSE: TECK - Analysts at Desjardins issued their Q3 2025 earnings estimates for shares of Teck Resources in a research note issued on Tuesday, October 14th. Desjardins analyst B. Adams forecasts that the basic materials company will post earnings per share of $0.37 for the quarter. Desjardins currently has a "Hold" rating on the stock. The consensus estimate for Teck Resources' current full-year earnings is $1.53 per share. Desjardins also issued estimates for Teck Resources' Q4 2025 earnings at $0.41 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.48 EPS, Q1 2027 earnings at $0.61 EPS, Q2 2027 earnings at $0.59 EPS and Q3 2027 earnings at $0.82 EPS.

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

A number of other brokerages have also recently commented on TECK. JPMorgan Chase & Co. increased their price objective on shares of Teck Resources from $41.00 to $43.00 and gave the company a "neutral" rating in a research note on Thursday, October 9th. Benchmark lowered their price objective on shares of Teck Resources from $55.00 to $48.00 and set a "buy" rating on the stock in a research note on Monday, July 28th. Deutsche Bank Aktiengesellschaft raised shares of Teck Resources from a "hold" rating to a "buy" rating and set a $42.00 price objective on the stock in a research note on Monday, September 8th. Wall Street Zen raised shares of Teck Resources from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. Finally, CIBC cut shares of Teck Resources from a "sector outperform" rating to a "neutral" rating in a research note on Friday, July 25th. One research 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 company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $54.00.

Teck Resources Stock Performance

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 P/E/G ratio of 0.62 and a beta of 0.92. Teck Resources has a 52-week low of $28.32 and a 52-week high of $51.48. The company has a 50-day simple moving average of $37.94 and a 200-day simple moving average of $36.77. The company has a quick ratio of 2.45, a current ratio of 3.47 and a debt-to-equity ratio of 0.15.

Teck Resources Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 15th were paid a dividend of $0.0918 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.37 annualized dividend and a dividend yield of 0.8%. This is an increase from Teck Resources's previous quarterly dividend of $0.09. Teck Resources's dividend payout ratio is 94.74%.

Institutional Investors Weigh In On Teck Resources

Several hedge funds have recently modified their holdings of the stock. CWM LLC boosted its position in shares of Teck Resources by 22.7% in the third quarter. CWM LLC now owns 2,078 shares of the basic materials company's stock worth $91,000 after acquiring an additional 384 shares during the last quarter. Canoe Financial LP boosted its position in shares of Teck Resources by 38.9% in the third quarter. Canoe Financial LP now owns 3,348,736 shares of the basic materials company's stock worth $146,870,000 after acquiring an additional 938,702 shares during the last quarter. Heathbridge Capital Management Ltd. boosted its position in shares of Teck Resources by 64.1% in the third quarter. Heathbridge Capital Management Ltd. now owns 234,050 shares of the basic materials company's stock worth $10,261,000 after acquiring an additional 91,450 shares during the last quarter. Vontobel Holding Ltd. boosted its position in shares of Teck Resources by 12.9% in the third quarter. Vontobel Holding Ltd. now owns 117,703 shares of the basic materials company's stock worth $5,162,000 after acquiring an additional 13,408 shares during the last quarter. Finally, Net Worth Advisory Group acquired a new stake in shares of Teck Resources in the third quarter worth approximately $410,000. 78.06% of the stock is owned by institutional investors and hedge funds.

About Teck Resources

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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