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Vale Q3 EPS $0.98 Beats $0.55 Estimate, Sales $9.93B Miss $10.10B Estimate

Vale (NYSE:VALE) reported quarterly earnings of $0.98 per share which beat the analyst consensus estimate of $0.55 by 78.18 percent. This is a 19.67 percent decrease over earnings of $1.22 per share from the same period

Vale (NYSE:VALE) reported quarterly earnings of $0.98 per share which beat the analyst consensus estimate of $0.55 by 78.18 percent. This is a 19.67 percent decrease over earnings of $1.22 per share from the same period last year. The company reported quarterly sales of $9.93 billion which missed the analyst consensus estimate of $10.10 billion by 1.69 percent. This is a 21.71 percent decrease over sales of $12.68 billion the same period last year.

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