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Stock impact report

Petrobras (PBR) Stock Slides as Market Rises: Facts to Know Before You Trade [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 trailed the S&P 500, which registered a daily gain of 0.47%. On the other hand, the Dow registered a gain of 0.79%, and the technology-centric Nasdaq increased by 0.28%. Heading into today, shares of the oil and gas company had lost 2.17% over the past month, outpacing the Oils-Energy sector's loss of 6.86% and lagging the S&P 500's gain of 3.48% in that time. Market participants will be closely following the financial results of Petrobras in its upcoming release. The company plans to announce its earnings on November 7, 2024. The company is forecasted to report an EPS of $0.92, showcasing a 6.98% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $23.16 billion, indicating a 9.38% downward movement from the same quarter last year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.40 per share and a revenue of $94.03 billion, representing change Show less Read more
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