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Stock impact report

Petrobras (PBR) Registers a Bigger Fall Than the Market: Important Facts to Note [Yahoo! Finance]

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A) 
US:NYSE Investor Relations: investidorpetrobras.com.br/en
Company Research Source: Yahoo! Finance
The stock's change was less than the S&P 500's daily loss of 0.16%. At the same time, the Dow lost 0.14%, and the tech-heavy Nasdaq lost 0.06%. Prior to today's trading, shares of the oil and gas company had gained 2.86% over the past month. This has outpaced the Oils-Energy sector's loss of 7.84% and the S&P 500's gain of 1.96% in that time. Market participants will be closely following the financial results of Petrobras in its upcoming release. The company is expected to report EPS of $0.65, down 27.78% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $24.66 billion, showing a 7.31% escalation compared to the year-ago quarter. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.43 per share and a revenue of $97.77 billion, indicating changes of -17.94% and -4.53%, respectively, from the former year. It's also important for investors to be aware of any recent modifications to analyst esti Show less Read more
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