Vale (NYSE: VALE ) is expected to report Q4 earnings on Feb. 1. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Vale's revenues will decrease -27.8% and EPS will shrink -58.1%.
The average estimate for revenue is $11.34 billion. On the bottom line, the average EPS estimate is $0.39.
Last quarter, Vale booked revenue of $10.73 billion. GAAP reported sales were 26% lower than the prior-year quarter's $14.44 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.42. GAAP EPS of $0.32 for Q3 were 60% lower than the prior-year quarter's $0.80 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 43.2%, 1,900 basis points worse than the prior-year quarter. Operating margin was 25.1%, 2,590 basis points worse than the prior-year quarter. Net margin was 15.3%, 1,420 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $44.95 billion. The average EPS estimate is $1.83.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 6,418 members out of 6,587 rating the stock outperform, and 169 members rating it underperform. Among 1,195 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,158 give Vale a green thumbs-up, and 37 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Vale is outperform, with an average price target of $23.30.
Is Vale the right metals stock for you? Find out the best way to profit from inflation and gold with a little-known company we profile in, "The Tiny Gold Stock Digging Up Massive Profits." Click here for instant access to this free report.