Investing.com - Petroleo Brasileiro ADR Reptg 2 Pref reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Petroleo Brasileiro ADR Reptg 2 Pref announced earnings per share of -0.18 on revenue of 10.45B. Analysts polled by Investing.com anticipated EPS of -0.2 on revenue of 11.17B.
Petroleo Brasileiro ADR Reptg 2 Pref shares are down 0.61% from the beginning of the year and are trading at 8.71 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Petroleo Brasileiro ADR Reptg 2 Pref follows other major Energy sector earnings this month
Petroleo Brasileiro ADR Reptg 2 Pref's report follows an earnings missed by Exxon Mobil on Friday, who reported EPS of -0.7 on revenue of 32.61B, compared to forecasts EPS of -0.62 on revenue of 37.41B.
Chevron had missed expectations on Friday with second quarter EPS of -4.44 on revenue of 15.93B, compared to forecast for EPS of -0.89 on revenue of 21.71B.
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