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Stock impact report

Why the Market Dipped But Petrobras (PBR) Gained Today [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 outpaced the S&P 500's daily loss of 1.2%. Elsewhere, the Dow saw a downswing of 0.65%, while the tech-heavy Nasdaq depreciated by 1.79%. Shares of the oil and gas company have appreciated by 8.12% over the course of the past month, outperforming the Oils-Energy sector's gain of 6.6% and the S&P 500's loss of 0.85%. Analysts and investors alike will be keeping a close eye on the performance of Petrobras in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.88, showcasing a 20.72% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $25.56 billion, down 4.51% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.51 per share and a revenue of $98.76 billion, indicating changes of -16.03% and -3.56%, respectively, from the former year. It's also important for investors to be aware of any recent Show less Read more
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