Vale (NYSE: VALE) is expected to report Q3 earnings on Oct. 17. 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 contract -25.6% and EPS will compress -32.3%.

The average estimate for revenue is $12.18 billion. On the bottom line, the average EPS estimate is $0.63.

Revenue details
Last quarter, Vale logged revenue of $11.89 billion. GAAP reported sales were 25% lower than the prior-year quarter's $15.30 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.60. GAAP EPS of $0.51 for Q2 were 59% lower than the prior-year quarter's $1.24 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 50.1%, 1,200 basis points worse than the prior-year quarter. Operating margin was 36.6%, 1,540 basis points worse than the prior-year quarter. Net margin was 22.7%, 2,030 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $46.09 billion. The average EPS estimate is $2.25.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 6,448 members out of 6,613 rating the stock outperform, and 165 members rating it underperform. Among 1,133 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,091 give Vale a green thumbs-up, and 42 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 $28.22.

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