Vale (NYSE:VALE) reported quarterly earnings of $0.63 per share which beat the analyst consensus estimate of $0.48 by 32.08 percent. This is a 12.5 percent increase over earnings of $0.56 per share from the same period last year. The company reported quarterly sales of $10.420 billion which beat the analyst consensus estimate of $10.329 billion by 0.88 percent. This is a 9.08 percent increase over sales of $9.553 billion the same period last year.