Teck Resources $TECK has released its quarterly earnings. Revenue of $2.10B (-21.92% YoY) beats by $25M. EPS of $0.44 (-22.81% YoY) beats by $0.12.
Vale S.A. $VALE has released its quarterly earnings. Revenue of $9.55B (-10.07% YoY) misses by $107M. EPS of $0.56 (-15.15% YoY) beats by $0.10.
🇧🇷📉 Vale's Q3 net profit drops 15% despite beating expectations Tickers of interest: $VALE Full Story → https://t.co/P9kE0UJqWC https://t.co/PilQqBzVS3

Teck Resources reported a third-quarter profit that exceeded forecasts, driven by increased copper output, despite a 21.92% year-over-year decline in revenue, which totaled $2.10 billion. The company also announced a reduction in its full-year copper production forecast. In contrast, Vale S.A. experienced a 15% drop in net profit for the same quarter, although it managed to beat earnings expectations. Vale's revenue was reported at $9.55 billion, reflecting a 10.07% year-over-year decline, which fell short of estimates by $107 million. Vale's earnings per share (EPS) was $0.56, down 15.15% year-over-year, but still beat expectations by $0.10.
