Investing.com - Petroleo Brasileiro Petrobras ADR reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Petroleo Brasileiro Petrobras ADR announced earnings per share of 1.26 on revenue of 20.77B. Analysts polled by Investing.com anticipated EPS of 0.7153 on revenue of 19.88B.
Petroleo Brasileiro Petrobras ADR shares are down 99.8% from the beginning of the year and are trading at 11.30 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Petroleo Brasileiro Petrobras ADR follows other major Energy sector earnings this month
Petroleo Brasileiro Petrobras ADR's report follows an earnings beat by Exxon Mobil on July 30, who reported EPS of 1.1 on revenue of 67.74B, compared to forecasts EPS of 1.01 on revenue of 64.64B.
Chevron had beat expectations on July 30 with second quarter EPS of 1.71 on revenue of 37.6B, compared to forecast for EPS of 1.59 on revenue of 36.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar