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Teck Resources Up Near 0.7% In US Premarket On Q4 Beat
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Teck Resources Up Near 0.7% In US Premarket On Q4 Beat
Feb 20, 2025 4:15 AM

06:50 AM EST, 02/20/2025 (MT Newswires) -- Teck Resources (TECK) reported earlier Thursday Q4 adjusted earnings of 0.45 Canadian dollars ($0.32) per diluted share, up from C$0.04 a year earlier. Analysts surveyed by FactSet expected C$0.34.

Revenue for the quarter ended Dec. 31 was C$2.79 billion, up from CA$1.84 billion a year earlier. Analysts polled by FactSet expected CA$2.67 billion.

It was boosted by improved copper production volumes at its Chile mine. Total copper output in Q4 came in at 122,100 tonnes, up 19% from a year earlier, with 60,700 tonnes from its Quebrada Blanca mine in Chile.

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