The earnings call highlighted several positive aspects, including improved profitability, strong zinc segment performance, significant shareholder returns, and a solid financial position. However, there were notable challenges such as the revision of QB's production outlook, ongoing TMF development issues, and a shiploader outage at QB. The call also addressed the fatality at Antamina and an increase in capital expenditure for Highland Valley's extension project.

Company Guidance -

Q3 2025

During Teck's second quarter 2025 earnings call, CEO Jonathan Price provided guidance on several key metrics. The company reported an adjusted EBITDA of $722 million, driven by strong performance in the zinc segment and improved profitability at Trail operations. Teck's Red Dog sales exceeded expectations, and zinc net cash unit costs showed significant improvement. The company revised its annual production outlook for its Quebrada Blanca (QB) operations to 210,000-230,000 tonnes due to ongoing tailings management facility (TMF) development work. Teck sanctioned the Highland Valley Copper Mine Life Extension project, aiming to double copper production by the decade's end, with an expected average annual production of 132,000 tonnes. The company returned $487 million to shareholders during the quarter through share buybacks, bringing the year-to-date total to $1.1 billion. Teck maintained a strong balance sheet with $8.9 billion in liquidity, including $4.8 billion in cash, while also acknowledging the challenges faced with QB's shiploader repairs and TMF development.

Improved Profitability

Profitability improved compared to the same period last year to $722 million of adjusted EBITDA.

Zinc Segment Performance

Strong performance in the zinc segment with Red Dog sales above guidance and significant improvement in zinc net cash unit costs.

Highland Valley Copper Mine Life Extension

The Board has sanctioned the Highland Valley Copper Mine Life Extension project, which is foundational to doubling copper production by the end of the decade.

Shareholder Returns

Returned $1.1 billion to shareholders year-to-date through dividends and share buybacks, with 70% of the $3.25 billion buyback completed.

Recognition for Sustainability

Named as one of Corporate Knights' 2025 Best 50 Corporate Citizens in Canada for the 19th consecutive year.

Solid Financial Position

Strong balance sheet with $8.9 billion in liquidity, including $4.8 billion in cash.

Teck Resources (TECK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TECK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.35 / -	0.435	―	―	―
Jul 24, 2025	2025 (Q2)	0.17 / 0.28	0.572	-51.90% (-0.30)
Apr 24, 2025	2025 (Q1)	0.26 / 0.43	0.543	-20.00% (-0.11)
Feb 20, 2025	2024 (Q4)	0.24 / 0.33	1.014	-67.86% (-0.69)
Oct 24, 2024	2024 (Q3)	0.28 / 0.43	0.551	-21.05% (-0.12)
Jul 24, 2024	2024 (Q2)	0.52 / 0.57	0.884	-35.25% (-0.31)
Apr 25, 2024	2024 (Q1)	0.61 / 0.54	1.289	-57.87% (-0.75)
Feb 22, 2024	2023 (Q4)	1.07 / 1.01	0.775	30.84% (+0.24)
Oct 24, 2023	2023 (Q3)	0.76 / 0.55	1.26	-56.32% (-0.71)
Jul 27, 2023	2023 (Q2)	0.87 / 0.88	2.354	-62.46% (-1.47)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TECK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$38.59	$35.12	-8.99%
Apr 24, 2025	$34.80	$36.15	+3.88%
Feb 20, 2025	$42.51	$43.16	+1.53%
Oct 24, 2024	$49.23	$46.51	-5.53%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.