Vale S.A. (VALE - Free Report) reported first-quarter 2025 adjusted earnings per share of 35 cents, which missed the Zacks Consensus Estimate of 37 cents. The bottom line marked a 10% decline from earnings of 39 cents per share reported in the year-ago quarter.
Gains from higher iron ore, copper and nickel sales volumes, stronger copper prices as well as lower unit costs in iron ore operations were offset by weaker prices for iron ore and nickel.
Including one-time items, Vale reported earnings per share of 33 cents per share compared with 39 cents in the year-ago quarter.