Canada's Teck Resources beats quarterly profit estimates
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FILE PHOTO: The logo for Canadian mining company Teck Resources Limited is displayed above their booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File P
(Reuters) -Canadian miner Teck Resources beat second-quarter profit estimates on Thursday, helped by improved profitability at its Trail Operations.
The company reported an adjusted profit of 38 Canadian cents per share for the quarter ended June 30, compared with analysts' average estimate of 27 Canadian cents per share, according to LSEG data.
(Reporting by Arunima Kumar and Pretish M J in Bengaluru; Editing by Subhranshu Sahu)
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