Vale's Q1 profit slides but tops estimates; launches big new buyback program

Apr. 27, 2022 8:21 PM ETVale S.A. (VALE)By: Carl Surran, SA News Editor8 Comments

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Vale (NYSE:VALE) +5.4% post-market Wednesday after reporting that Q1 net profit fell nearly 20% from a year ago to $4.45B but it was enough to beat the $4.24B analyst consensus estimate.

Q1 adjusted EBITDA

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