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Investing.com - Teck Resources B reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Teck Resources B announced earnings per share of C$3.25 on revenue of C$5.79B. Analysts polled by Investing.com anticipated EPS of C$3.32 on revenue of C$5.6B.
Teck Resources B shares are down 8.12% from the beginning of the year and are trading at C$26.48 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Teck Resources B follows other major Materials sector earnings this month
Teck Resources B's report follows an earnings matched by Ecolab on Tuesday, who reported EPS of C$1.1 on revenue of C$3.58B, compared to forecasts EPS of C$1.1 on revenue of C$3.49B.
Freeport-McMoran had missed expectations on Thursday, July 21, 2022 with second quarter EPS of C$0.58 on revenue of C$5.42B, compared to forecast for EPS of C$0.6163 on revenue of C$6.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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