Vale GAAP EPS of $0.93 beats by $0.12, revenue of $10.81B misses by $710M

Apr. 27, 2022 6:17 PM ETVale S.A. (VALE)By: Pranav Ghumatkar, SA News Editor12 Comments
  • Vale press release (NYSE:VALE): Q1 GAAP EPS of $0.93 beats by $0.12.
  • Revenue of $10.81B (-13.9% Y/Y) misses by $710M.
  • Vale reported a proforma adjusted EBITDA from continued operations of US$ 6.374 billion, US$ 483 million lower than 4Q21.
  • Investments in 1Q22 totaled US$ 1.136 billion, comprising US$ 799 million in the maintenance of operations and US$ 337 million in project execution.
  • Shares +3.9% AH.

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