financetom
Business
financetom
/
Business
/
Teck Resources Up Near 0.7% In US Premarket On Q4 Beat
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Scotiabank Previews Friday's Jobs Report in Canada
Scotiabank Previews Friday's Jobs Report in Canada
Apr 4, 2025
08:06 AM EDT, 04/04/2025 (MT Newswires) -- Canada's Labour Force Survey (LFS) for March arrives at 8:30 a.m. ET Friday, noted Scotiabank. Whether or not the LFS data sparks market wiggles, it doesn't matter amid intensifying forward-looking risks to the whole global economy, said the bank. Scotiabank said that it expects job gains of 25,000 in March versus a consensus...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
AI startup SandboxAQ adds Nvidia, Google as backers, raises additional $150 million
AI startup SandboxAQ adds Nvidia, Google as backers, raises additional $150 million
Apr 4, 2025
April 4 - SandboxAQ, a startup drawing on quantum computing techniques to develop quantitative artificial intelligence models for enterprises, said it has raised $150 million from new investors including Google, Nvidia ( NVDA ) and BNP Paribas. The investment has increased SandboxAQ's Series E round to $450 million, valuing the startup at $5.75 billion. With this, SandboxAQ's total funding has...
Rogers Concludes Agreement for $7 Billion Equity Investment From Blackstone
Rogers Concludes Agreement for $7 Billion Equity Investment From Blackstone
Apr 4, 2025
08:00 AM EDT, 04/04/2025 (MT Newswires) -- Rogers Communications (RCI-A.TO, RCI-B.TO) on Friday said it Blackstone agrees to invest $7 billion in the company. Blackstone will acquire a stake in a new Canadian subsidiary of Rogers that will own a minor part of Rogers wireless network. The investor group, led by Blackstone, includes Canada Pension Plan Investment Board, Caisse de...
Copyright 2023-2026 - www.financetom.com All Rights Reserved