(Reuters) – Canadian miner Teck Resources Ltd, the target of an unsolicited takeover bid by Swiss commodities giant Glencore, narrowly missed estimates for first-quarter profit on Wednesday.
Teck reported an adjusted profit of C$1.81 per share for the three months ended March 31, compared with the average analyst estimate of C$1.82, according to Refinitiv IBES data.
(Reporting by Mrinalika Roy in Bengaluru; Editing by Sriraj Kalluvila and Savio D’Souza)