- Teck Resources reported a third-quarter revenue of C$2.86 billion.
- This revenue figure surpassed the estimated C$2.78 billion.
- The company’s adjusted EBITDA for the third quarter was C$986 million.
- Analysts’ expectations for the adjusted EBITDA were C$985.2 million, which Teck Resources exceeded.
- Current analyst ratings for Teck Resources include 19 buys, 2 holds, and 2 sells.
A look at Teck Resources Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Teck Resources Ltd., an integrated natural resource group with mining activities in various countries, has been given a positive long-term outlook based on the Smartkarma Smart Scores. With high scores in Growth and Value, the company is positioned well for future expansion and solid financial performance. This indicates a promising trajectory for Teck Resources in terms of potential market gains and overall company value.
However, the scores for Dividend and Resilience are on the lower side, suggesting that investors may not find the company as attractive for immediate income generation or in terms of withstanding economic uncertainties. Despite this, the overall outlook for Teck Resources, with its strengths in Growth and Value, signals a potentially bright future for the natural resource giant.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
