BUZZ-Rio Tinto's London shares slide after annual profit miss

Reuters
Feb 19
BUZZ-<a href="https://laohu8.com/S/RTNTF">Rio Tinto</a>'s London shares slide after annual profit miss

** London-listed shares of Rio Tinto RIO.L fall 3.1% % to 7,153p, among top losers on FTSE 100 index .FTSE

** Miner posts flat annual earnings, missing expectations on weaker iron ore prices

** Posts underlying earnings of $10.87 billion for year, below Visible Alpha consensus of $11.03 billion

** Up to last close, stock up about 23% so far this year

(Reporting by Prerna Bedi in Bengaluru)

((Prerna.Bedi@thomsonreuters.com ; +91 98052 24616))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10