On Thursday 24th October 2024, Vale S.A. (NYSE: VALE) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.
According to the forecasts of financial experts on Wall Street, the establishment is expected to reveal an anticipated $0.46 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $9.69 billion.
In the same quarter of the previous year, the company's financial statement revealed a per-share income of $0.66. Additionally, the company's overall revenue for that particular period was an impressive $10.62 billion.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $39.17 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $2.13 over the course of the fiscal year.
The business has scheduled a conference call on 25th October 2024 at 10:00 AM eastern time to discuss Q3 financial results.
Vale S.A. (VALE) shares experienced a range of $10.50 to $10.64 on a day volume of 23.47 million shares. The stock closed Tuesday's regular trading session at $10.62, reflecting a 0.47 percent gain.