Advertisement
Canada markets close in 3 hours 55 minutes

  • S&P/TSX

    21,819.00
    -54.72 (-0.25%)
     

  • S&P 500

    5,020.00
    -51.63 (-1.02%)
     

  • DOW

    37,916.85
    -544.07 (-1.41%)
     

  • CAD/USD

    0.7305
    +0.0007 (+0.10%)
     

  • CRUDE OIL

    82.49
    -0.32 (-0.39%)
     

  • Bitcoin CAD

    87,929.20
    -709.40 (-0.80%)
     

  • CMC Crypto 200

    1,381.99
    -0.59 (-0.04%)
     

  • GOLD FUTURES

    2,341.90
    +3.50 (+0.15%)
     

  • RUSSELL 2000

    1,965.76
    -29.67 (-1.49%)
     

  • 10-Yr Bond

    4.7100
    +0.0580 (+1.25%)
     

  • NASDAQ

    15,488.48
    -224.27 (-1.43%)
     

  • VOLATILITY

    16.76
    +0.79 (+4.95%)
     

  • FTSE

    8,078.86
    +38.48 (+0.48%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • CAD/EUR

    0.6811
    -0.0008 (-0.12%)
     
MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, WITH GDP ON DECK

Owner of Facebook and Instagram plans to spend up to US$10B on AI infrastructure investments

Analysts’ Expectations for Rio Tinto’s Earnings

Annie Gilroy
Updated
Analysts’ Expectations for Rio Tinto’s Earnings

Rio Tinto (RIO) (TRQ) stock had returned 12.7% year-to-date as of June 7. Similar to BHP Billiton (BHP) stock, it fell 2.6% in the first quarter this year. As commodity prices firmed, the miners’ stocks picked up in April. The company has reignited its efforts to reduce costs and increase productivity. These efforts, along with balance sheet improvement and buoyant commodity prices, have significantly improved RIO’s prospects. Let’s look at the company’s revenue and earnings estimates.

Continue reading