Vale ADR earnings, Revenue miss in Q1

  • Investing.com
Vale ADR earnings, Revenue miss in Q1

Investing.com - Vale ADR reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Vale ADR announced earnings per share of 0.93 on revenue of 10.81B. Analysts polled by Investing.com anticipated EPS of 0.9476 on revenue of 12.09B.

Vale ADR shares are up 16.98% from the beginning of the year and are trading at 16.40 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% year to date.

Vale ADR follows other major Materials sector earnings this month

Vale ADR's report follows an earnings beat by Sherwin-Williams on Tuesday, who reported EPS of 1.61 on revenue of 5B, compared to forecasts EPS of 1.54 on revenue of 4.91B.

Freeport-McMoran had beat expectations on Thursday, April 21, 2022 with first quarter EPS of 1.07 on revenue of 6.6B, compared to forecast for EPS of 0.9308 on revenue of 6.44B.

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

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