PBR - Why the Market Dipped but Petrobras Gained Today | Benzinga
Petrobras (NYSE: PBR) closed the most recent trading day at $15.19, moving +0.33% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.88%. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq lost 1.95%.
The oil and gas company's stock has climbed by 6.85% in the past month, exceeding the Oils-Energy sector's loss of 12.58% and the S&P 500's gain of 5.11%.
Analysts and investors alike will be keeping a close eye on the performance of Petrobras in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.86, marking a 4.44% fall compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $24.66 billion, up 7.31% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project ...