Investing.com - Petroleo Brasileiro ADR Reptg 2 Pref reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Petroleo Brasileiro ADR Reptg 2 Pref announced earnings per share of 1.22 on revenue of 32.76B. Analysts polled by Investing.com anticipated EPS of 1.09 on revenue of 30.63B.
Petroleo Brasileiro ADR Reptg 2 Pref shares are down 23.17% from the beginning of the year, still down 11.97% from its 52 week high of 15.04 set on May 23. 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 beat by Exxon Mobil on Friday, who reported EPS of 4.14 on revenue of 115.68B, compared to forecasts EPS of 3.84 on revenue of 94.97B.
Chevron had beat expectations on Friday with second quarter EPS of 5.82 on revenue of 68.76B, compared to forecast for EPS of 5.09 on revenue of 57.96B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar