Teck Resources (TECK) Misses Q1 EPS by 2c

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Go back to Teck Resources (TECK) Misses Q1 EPS by 2c

Teck Reports Unaudited First Quarter Results for 2017

April 25, 2017 3:02 AM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/25/17 -- All dollar amounts expressed in this news release are in Canadian dollars unless otherwise noted.

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") reported profit attributable to shareholders of $572 million ($0.99 per share) compared with $94 million ($0.16 per share) a year ago. Adjusted profit attributable to shareholders was $671 million, or $1.16 per share, compared with $18 million, or $0.03 per share in 2016.

"Substantially higher commodity prices had a significant positive effect on our financial results compared with the first quarter of 2016," said Don... More