AL CIRCLE
Raising Our Fair Value Estimate for Rio Tinto
Edited by : AL CIRCLE
1 min read
... Analyst Note Rio Tinto (RIO) generated record underlying fiscal 2010 earnings of $14.0 billion that came in 3.5% ahead of our $13.5 billion forecast--a very pleasing result, particularly from iron ore where earnings before interest and tax (EBIT) increased 150% to $15.6 billion. ...
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