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Vale Q3 Earnings, Revenue Decline

Nov 3, 2024 11:26 AM

06:38 AM EDT, 10/25/2024 (MT Newswires) -- Vale (VALE) reported Q3 earnings Thursday of $0.56 per diluted share, down from $0.66 a year earlier.

A single analyst polled by Capital IQ expected $0.44.

Net operating revenue for the quarter ended Sept. 30 was $9.55 billion, down from $10.62 billion a year earlier.

Analysts surveyed by Capital IQ expected $9.51 billion.

Shares of the Brazilian mining company were up more than 1% in Friday's premarket activity.

Price: 10.62, Change: +0.13, Percent Change: +1.24

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