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Vale is expected to report lower first-quarter earnings on Wednesday, April 30, 2014. Analysts are expecting a 13% drop in earnings from a year ago. The consensus estimate is 52 cents per share, down from earnings of 60 cents per share a year ago.

The consensus estimate has risen from 45 cents over the past three months. For the fiscal year, analysts are expecting earnings of $1.98 per share. Revenue is projected to eclipse the year-earlier total of $10.94 billion by 3%, finishing at $11.24 billion for the quarter. For the year, revenue is expected to come in at $46.33 billion.

Read more at: http://www.forbes.com/sites/narrativescience/2014/04/28/earnings-for-vale-expected-to-fall/