• Vale SA VALE.N reported a quarterly adjusted loss of 16 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 56 cents. The mean expectation of eleven analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 35 cents to 64 cents per share.

• Revenue fell 22.4% to $10.12 billion from a year ago; analysts expected $10.11 billion.

• Vale SA's reported EPS for the quarter was a loss of 16 cents​.

• The company reported a quarterly loss of $694 million.

• Vale SA shares had risen by 9.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.6% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the iron & steel peer group is also "buy"

Wall Street's median 12-month price target for Vale SA is $12.00

This summary was machine generated from LSEG data February 20 at 11:47 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)