Teck has beaten earnings estimates in each of its past four reported quarters. Its next report comes with a new complication: strike action at Highland Valley Copper, where operations are running at reduced capacity.
Teck Resources Limited (TECK-B.TO) is scheduled to report third-quarter 2026 results before markets open on October 29. The quarter ended September 30. One earnings calendar lists an estimate of C$1.59 per share, while a separate trends feed puts consensus at C$1.15, based on eight analysts. Check which estimate your data provider uses when the results come out. The trends feed also expects revenue of C$3.92 billion, up 15.8% from a year earlier.
Recent earnings trend
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Teck Resources Limited
TECK-B.TO
TECK-B.TO
Teck Resources Limited
WealthAwesomeMarket cap
$40.56B
P/E
16.2x
Div. yield
0.61%
Div. / share
$0.50
52W high
$99.77
52W low
$53.20
1W change
-5.74%
Beta
1.65
Analyst Price Targets
Based on analyst covering TECK-B · as of Oct 22, 2026
Wall Street analysts forecast TECK-B stock price to rise 12.2% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$94.74
+12.2% Upside
Previously C$93.62 on Oct 21, 2026
Current Price
C$84.45
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TECK-B's historical volatility
30-Day Vol
39.7%
Annualized
90-Day Vol
44.3%
Annualized
Trend (90d)
+18.8%
Annualized drift
90d Mean
C$90.30
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$86.36 | C$75.30 – C$99.04 |
| 60 trading days | C$88.31 | C$72.76 – C$107.18 |
| 90 trading days | C$90.30 | C$71.23 – C$114.48 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 8 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 4 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-29 | — | 1.5900 | — |
| 2026-06-30 | 2026-07-23 | 1.9300 | 1.3600 | +41.9% |
| 2026-03-31 | 2026-04-23 | 1.7500 | 1.1200 | +56.3% |
| 2025-12-31 | 2026-02-19 | 1.3700 | 0.9600 | +42.7% |
| 2025-09-30 | 2025-10-22 | 0.7600 | 0.5700 | +33.3% |
| 2025-06-30 | 2025-07-24 | 0.3800 | 0.2400 | +58.3% |
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Teck has beaten estimates in its last four comparable quarters. This report will show whether that run continues as a labour dispute affects one of its Canadian copper operations.
Investor takeaway: Teck’s recent results offer some encouragement, but the Highland Valley Copper strike adds uncertainty. Watch copper production, management’s comments on the strike’s effect on output and guidance, and whether revenue and margins support the earnings result. In the trends feed, the EPS estimate rose from C$0.93 to C$1.15 over the past month. Revisions were mixed, with one increase and one decrease. A beat alone may not resolve concerns if the disruption continues.
C$1.15 EPS consensus in the trends feed
The earnings calendar lists a separate estimate of C$1.59 per share, so the supplied sources don’t agree. The trends-feed estimate is C$1.15, up from C$0.93 over the past 30 days. It’s based on eight analysts, with a range of C$0.84 to C$1.82. Teck beat estimates in each of its last four reported quarters, but compare the result with the estimate source you follow.
Bull case
Teck beat EPS estimates in each of its last four reported quarters. Actual EPS ranged from C$0.76 to C$1.93, compared with estimates of C$0.57 to C$1.36. The trends feed forecasts third-quarter EPS growth of 51.4% year over year and revenue growth of 15.8%.
Teck’s copper and zinc operations give it exposure to metals used in economic development and the energy transition. If reduced-capacity operations at Highland Valley limit the disruption and other sites perform well, Teck could post another strong result.
Bear case
The strike at Highland Valley Copper began on October 24. Teck says the mine is operating at reduced capacity, and the production impact will depend on how long the labour action lasts. The mine produced more than 127,000 tons of copper last year, so the dispute could affect the quarter’s operating results and future guidance.
At the last close, Teck shares were below their 50-day moving average, and their one-month performance was negative. Commodity prices, production and costs can also make earnings volatile. Teck’s four-quarter streak of estimate beats doesn’t guarantee another one.
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