Vale ADR earnings, Revenue beat in Q4

  • Investing.com
Vale ADR earnings, Revenue beat in Q4
Credit: © Reuters.

Investing.com - Vale ADR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Vale ADR announced earnings per share of 1.07 on revenue of 13.1B. Analysts polled by Investing.com anticipated EPS of 0.7902 on revenue of 12.35B.

Vale ADR shares are up 21.75% from the beginning of the year and are trading at 17.00 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% year to date.

Vale ADR shares lost 0.41% in after-hours trade the report.

Vale ADR follows other major Materials sector earnings this month

Vale ADR's report follows an earnings missed by Freeport-McMoran on Wednesday, January 26, 2022, who reported EPS of 0.96 on revenue of 6.16B, compared to forecasts EPS of 0.9703 on revenue of 6.44B.

Newmont Goldcorp had beat expectations on Thursday with fourth quarter EPS of 0.78 on revenue of 3.39B, compared to forecast for EPS of 0.7677 on revenue of 3.35B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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