Vale S.A. will release its third-quarter 2026 financial results after the market closes on October 29.
Iron ore prices have fallen to near two-year lows amid concerns about Chinese demand. UBS, Barclays, Deutsche Bank and Morgan Stanley have recently trimmed their price targets for Vale’s stock.
Analyst consensus estimates point to a year-over-year earnings-per-share decline of around 38% to 48%. Revenue is expected to be roughly flat. Vale’s stock has been trading near its 52-week low ahead of the report.