Vale Q1 2016 Earnings Review: Lower Costs Offset Impact Of Decline In Commodity Prices On Earnings

+38.59%
Upside
11.84
Market
16.41
Trefis
VALE: VALE logo
VALE
VALE

Vale reported an improvement in its earnings per share despite weak copper and nickel prices, which negatively impacted the company’s top line. A decline in costs, primarily as a result of Vale’s cost reduction initiatives, offset the impact of lower revenue on earnings.

Vale Earnings Q1 2016

Have more questions about Vale? See the links below.

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Vale