Recap: Petroleo Brasileiro S.A.- Petrobras American Depositary Shares Q4 Earnings

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares PBR reported its Q4 earnings results on Friday, March 8, 2024 at 06:15 AM.

Here's what investors need to know about the announcement.

Earnings

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares missed estimated earnings by -7.000000000000001%, reporting an EPS of $0.96 versus an estimate of $1.03.

Revenue was down $3.06 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.15 which was followed by a 10.0% drop in the share price the next day.

To track all earnings releases for Petroleo Brasileiro S.A.- Petrobras American Depositary Shares visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.