CORRECTION: Petrobras Brasileiro Q2 Sales $22.98B Miss $23.38B Estimate
Portfolio Pulse from Benzinga Newsdesk
Petrobras Brasileiro (NYSE:PBR) reported Q2 sales of $22.98 billion, missing the analyst consensus estimate of $23.38 billion by 1.72 percent. This represents a 33.78 percent decrease from the same period last year.
August 04, 2023 | 3:01 pm
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Petrobras Brasileiro's Q2 sales missed estimates and decreased significantly YoY.
Petrobras Brasileiro's Q2 sales missed the analyst consensus estimate and decreased significantly compared to the same period last year. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100