On Wednesday, Petrobras PBR will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Sell-side analysts expect Petrobras's EPS to be near 21 cents per share on sales of $23.4 billion.
Petrobras earnings in the same period a year ago were 6 cents per share and quarterly sales came in at $21.4 billion. If the company were to match the consensus estimate, earnings would be up 250 percent. Revenue would be up 9.61 percent on a year-over-year basis.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 0.16 | 0.2 | 0.11 | 0.11 |
| EPS Actual | 0.01 | 0.01 | 0.11 | 0.06 |
Stock Performance
Over the last 52-week period, shares are up 53.13 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on Petrobras stock is a Neutral. The strength of this rating has risen over the past 90 days.
Conference Call
Petrobras's Q4 is scheduled to hold a conference call at 8:00 a.m. ET and it can be accessed here: http://www.petrobras.com.br/pt/
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
