Teck Resources Q4 net profit falls; adjusted earnings beat analyst estimates

VANCOUVER – Teck Resources Ltd. (TCK.B) had $145 million of profit attribuble to shareholders, or 25 cents per share, in the fourth quarter. That’s down from $637 million or $1.08 a share in the fourth quarter of 2011, a year that produced a record profit for the Vancouver-based mining company. On an adjusted basis, Teck had $354 million or 61 cents per share of earnings in the latest quarter — 13 cents above a consensus estimate compiled by Thomson Reuters.

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