Reports Q1 revenue C$2.29B vs. C$1.62B last year. “Our profitability improved significantly in the first quarter compared to a year ago as a result of higher commodity prices and copper sales volumes, and we continue to return significant cash to shareholders,” said Jonathan Price, president and CEO. “We remain committed to our strategy of balancing value-accretive growth with returns to shareholders, and our strong balance sheet and commercial strategy provide us with resilience and the ability to continue to create value amidst market uncertainty.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TECK:
- Is TECK a Buy, Before Earnings?
- Teck, IAMGOLD, United, Boston Scientific, Lithium Americas: Trending by Analysts
- Teck Resources: Buy Rating Affirmed Amid Growth Prospects and Strategic Initiatives
- Teck Resources reinstated with an Outperform at BMO Capital
- Teck Resources price target lowered to C$55 from C$67 at UBS
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue