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Stock impact report

Petrobras (PBR) Stock Moves 0.65%: What You Should Know [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
Heading into today, shares of the oil and gas company had gained 7.12% over the past month, outpacing the Oils-Energy sector's loss of 3.42% and the S&P 500's loss of 0.22% in that time. The investment community will be paying close attention to the earnings performance of Petrobras in its upcoming release. The company is slated to reveal its earnings on May 13, 2024. On that day, Petrobras is projected to report earnings of $0.84 per share, which would represent a year-over-year decline of 24.32%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $24.63 billion, down 7.99% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.63 per share and a revenue of $101.58 billion, indicating changes of -13.16% and -0.81%, respectively, from the former year. Investors should also pay attention to any latest changes in analyst estimates for Petrobras. These revisions typically reflect the latest sho Show less Read more
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