Vale ADR earnings miss, Revenue beats in Q4

Vale ADR earnings miss, Revenue beats in Q4
Credit: © Reuters. - Vale ADR reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Vale ADR announced earnings per share of 0.00 on revenue of 14.77B. Analysts polled by anticipated EPS of 0.9074 on revenue of 13.29B.

Vale ADR shares are down 0% from the beginning of the year and are trading at 17.40 , down-from-52-week-high.They are under-performing the Euro Stoxx 50 which is up 2.82% year to date.

Vale ADR follows other major Basic Materials sector earnings this month

Vale ADR's report follows an earnings beat by Sherwin-Williams on Thursday, January 28, 2021, who reported EPS of 5.09 on revenue of 4.49B, compared to forecasts EPS of 4.85 on revenue of 4.34B.

Air Products had missed expectations on Thursday, February 4, 2021 with first quarter EPS of 2.12 on revenue of 2.38B, compared to forecast for EPS of 2.18 on revenue of 2.35B.

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