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Teck Resources (TCK) reports Q4 EPS of $0.61, down 54% from $1.04 in the year-ago period but...

Teck Resources (TCK) reports Q4 EPS of $0.61, down 54% from $1.04 in the year-ago period but ahead of the consensus $0.48 estimate. TCK says it met 2012 production targets for coal, copper and zinc, but realized prices for met coal fell 37%, more than offsetting a 16% rise in coal sales volumes. Maintains a positive long-term outlook for coal, but expects weakness to persist for at least H1 2013.
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