Teck Resources (NYSE:TECK) Q4 2025 Earnings call February 19, 2026 11:00 AM ET Company ParticipantsCrystal Prystai - CFOEmma Chapman - VP of Investor RelationsJonathan Price - CEOKarla Mills - SVP, Project DevelopmentLiam Fitzpatrick - Director of Equity ResearchMyles Allsop - Managing Director and Head of European Mining ResearchNone - Company RepresentativeOperatorLadies and gentlemen, thank you for standing by. Welcome to Teck's Fourth Quarter 2025 Earnings Release Conference Call. At this time, all part ...

Teck Resources (NYSE:TECK) Q4 2025 Earnings call February 19, 2026 11:00 AM ET Company ParticipantsCrystal Prystai - CFOEmma Chapman - VP of Investor RelationsJonathan Price - CEOKarla Mills - SVP, Project DevelopmentLiam Fitzpatrick - Director of Equity ResearchMyles Allsop - Managing Director and Head of European Mining ResearchNone - Company RepresentativeOperatorLadies and gentlemen, thank you for standing by. Welcome to Teck's Q4 2025 Earnings Release Conference Call. At this time, all participants are ...

Teck Resources (NYSE:TECK) Q4 2025 Earnings call February 19, 2026 11:00 AM ET Speaker6Ladies and gentlemen, thank you for standing by. Welcome to Teck's Fourth Quarter 2025 Earnings Release Conference Call. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. To join the question queue, press star, then one on your touchtone phone. Should anyone need assistance during the conference call, you may signal an operator by pressing star, then zero on your ...

FOURTH QUARTER 2025 CONFERENCE CALL Our Guidance tables include disclosure and footnotes with further assumptions relating to our guidance, and assumptions for certain other forward-looking statements accompany those statements within the presentation. Factors that may cause actual results to vary materially include, but are not limited to: changes in commodity and power prices; changes in market demand for our products; changes in interest and currency exchange rates; acts of governments and the outcome of ...

Core Insights - Teck Resources Ltd reported quarterly earnings of $0.98 per share, exceeding the Zacks Consensus Estimate of $0.59 per share, and showing a significant increase from $0.33 per share a year ago, resulting in an earnings surprise of +67.38% [1] - The company achieved revenues of $2.19 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 8.63% and up from $1.99 billion year-over-year [2] - Teck Resources has outperformed the S&P 500, gaining approximately 24% since the beginning of the year compared to the S&P 500's gain of 0.5% [3] Earnings Outlook - The future performance of Teck Resources' stock will largely depend on management's commentary during the earnings call and the company's earnings outlook, including current consensus earnings expectations for upcoming quarters [4][6] - The current consensus EPS estimate for the next quarter is $0.49 on revenues of $2 billion, while for the current fiscal year, the estimate is $2.12 on revenues of $8.27 billion [7] Industry Context - The Mining - Miscellaneous industry, to which Teck Resources belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5]

Teck Resources Limited (NYSE:TECK) reported earnings per share of $1, exceeding expectations.The company's financial health is robust, with a current ratio of 2.78 and a debt-to-equity ratio of 0.15.Teck's strategic merger with Anglo American aims to create a global critical minerals champion, indicating potential for future growth.Teck Resources Limited (NYSE:TECK) is a leading Canadian resource company known for its significant copper and zinc operations across North and South America. The company is comm ...

智通财经APP获悉，得益于铜价大幅上涨及稳定的运营表现，加拿大矿业公司泰克资源(TECK.US)在 2025年第四季度交出了一份强劲的业绩答卷。与此同时，该公司与英美资源集团的合并计划也在持续取 得进展。 在运营方面，作为公司旗舰资产的智利Quebrada Blanca矿场持续取得进展。泰克资源表示，作为其 Quebrada Blanca行动计划的一部分，正在持续推进矿山的产能爬坡和尾矿处理设施的开发。第四季度， 该矿的铜产量已提升至5.54万吨。公司重申了2025年的产量指引，预计Quebrada Blanca矿全年铜产量将 在20万至23.5万吨之间。 与此同时，泰克资源与英美资源的合并事宜也在稳步推进。去年第四季度，两家公司的股东均已批准这 项"对等合并"计划，拟成立一家名为"英美泰克"(Anglo Teck)的全球性关键矿产巨头，新公司总部将设 在加拿大。该交易已于去年12月获得加拿大政府根据《投资加拿大法案》的批准。 合并后的公司预计每年可实现约8亿美元的税前协同效益，其中约80%预计将在交易完成后的第二年年 底前实现。双方还计划优化毗邻的Collahuasi和Quebrada Blanca资产的运 ...

Core Insights - Teck Resources Limited reported strong Q4 2025 financial performance, driven by higher copper prices and operational efficiency [2][5] - The company is advancing its merger with Anglo American, with significant shareholder support and regulatory approval [2][6] Financial Performance - Q4 2025 revenue reached CAD 3,058 million, up from CAD 2,786 million in Q4 2024, representing a 9.8% increase [5] - Gross profit for Q4 2025 was CAD 990 million, compared to CAD 542 million in Q4 2024, marking an 82.8% increase [5] - Adjusted EBITDA for Q4 2025 was CAD 1,513 million, a significant increase of CAD 678 million from CAD 835 million in Q4 2024 [6][5] - Profit from continuing operations attributable to shareholders was CAD 544 million, or CAD 1.11 per share, compared to CAD 385 million, or CAD 0.75 per share in Q4 2024 [5][7] Merger and Strategic Developments - The proposed merger with Anglo American is expected to create a top-five global copper company, with annual pre-tax synergies estimated at approximately USD 800 million [6][10] - Shareholders voted overwhelmingly in favor of the merger on December 9, 2025, and received approval from the Government of Canada on December 15, 2025 [6][10] Operational Highlights - At Quebrada Blanca (QB), copper production in Q4 2025 was 55,400 tonnes, an increase of 15,800 tonnes from Q3 2025, marking the strongest quarterly performance of the year [10] - The copper segment generated gross profit before depreciation and amortization of CAD 1.1 billion in Q4 2025, driven by higher copper prices averaging USD 5.03 per pound [6][5] - The zinc segment reported gross profit before depreciation and amortization of CAD 305 million in Q4 2025, slightly down from CAD 320 million in the same period last year [6][5] Safety and Sustainability - The annual High-Potential Incident (HPI) frequency rate improved to 0.06, which is 50% lower than the previous year [6][15] - Teck was recognized as one of Canada's Top 100 Employers for the ninth consecutive year, highlighting its commitment to exceptional human resource programs [15]

Core Viewpoint - Investors in the Mining - Miscellaneous sector should consider Nexa Resources S.A. (NEXA) and Teck Resources Ltd (TECK) for potential undervalued stock opportunities [1] Group 1: Zacks Rank and Earnings Outlook - Nexa Resources S.A. has a Zacks Rank of 1 (Strong Buy), indicating a favorable earnings outlook, while Teck Resources Ltd has a Zacks Rank of 3 (Hold) [3] - The Zacks Rank emphasizes stocks with positive revisions to earnings estimates, suggesting that NEXA has an improving earnings outlook [3] Group 2: Valuation Metrics - Nexa Resources has a forward P/E ratio of 7.52, significantly lower than Teck Resources' forward P/E of 27.26 [5] - NEXA's PEG ratio is 0.21, compared to TECK's PEG ratio of 0.54, indicating NEXA may be undervalued relative to its expected EPS growth [5] - NEXA's P/B ratio is 1.18, while TECK's P/B ratio is 1.48, further supporting NEXA's valuation advantage [6] Group 3: Value Grades - NEXA has earned a Value grade of B, while TECK has a Value grade of D, highlighting NEXA's stronger position in terms of value metrics [6] - The combination of Zacks Rank and Style Scores indicates that NEXA is the preferred option for value investors at this time [6]

Core Viewpoint - Teck Resources Limited will present at the BMO Global Metals, Mining & Critical Minerals conference, focusing on company strategy, financial performance, and business unit outlook [1]. Company Overview - Teck is a leading Canadian resource company that provides essential metals for economic development and energy transition, with a strong portfolio of copper and zinc operations in North and South America [3]. - The company emphasizes responsible growth and resilience, built on stakeholder trust [3]. - Teck's shares are listed on the Toronto Stock Exchange (TECK.A and TECK.B) and the New York Stock Exchange (TECK) [3]. Presentation Details - The investor presentation will take place on February 23, 2026, at 1:30 p.m. Eastern/10:30 a.m. Pacific time [1]. - The presentation will be available via webcast, with supporting slides accessible on Teck's website [2].