Teck Resources (TECK) Reports Q1 EPS of Cdn$0.17

Teck Resources (NYSE: TECK) reported Q1 EPS of Cdn$0.17, versus Cdn$1.02 reported last year.

“Our current focus is on managing the risks around COVID-19 and ensuring we have the necessary measures in place to safeguard our people and our local communities,” said Don Lindsay, President and CEO. “The pandemic has had a significant negative impact on the global economy and commodity markets and the outlook is uncertain. However, almost all of our sites are currently operating, with some at reduced production, and our steelmaking coal operations had a strong finish to the quarter, exceeding our sales guidance with site costs well below expectations.”

For earnings history and earnings-related data on Teck Resources (TECK) click here.

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