Petróleo Brasileiro S.A. - Petrobras (PBR) Stock Forecast, Price Target & Predictions
PBR Stock Forecast
Petróleo Brasileiro S.A. - Petrobras stock forecast is as follows: an average price target of $16.47 (represents a 13.35% upside from PBR’s last price of $14.53) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
PBR Price Target
The average price target for Petróleo Brasileiro S.A. - Petrobras (PBR) is $16.47 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $11.00. This represents a potential 13.35% upside from PBR's last price of $14.53.
PBR Analyst Ratings
According to 11 Wall Street analysts, Petróleo Brasileiro S.A. - Petrobras's rating consensus is 'Buy'. The analyst rating breakdown for PBR stock is 0 'Strong Buy' (0.00%), 7 'Buy' (63.64%), 3 'Hold' (27.27%), 1 'Sell' (9.09%), and 0 'Strong Sell' (0.00%).
Petróleo Brasileiro S.A. - Petrobras Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 25, 2024 | Bruno Montanari | Morgan Stanley | $20.00 | $14.40 | 38.89% | 37.65% |
| May 15, 2024 | Stewart Glickman | CFRA | $14.00 | $15.56 | -10.03% | -3.65% |
| May 15, 2024 | Alejandro Anibal Demichelis | Jefferies | $17.70 | $16.69 | 6.05% | 21.82% |
| Mar 25, 2024 | Liyanna Yang | HSBC | $18.00 | $14.95 | 20.41% | 23.88% |
| Jun 21, 2023 | Bruno Amorim | Goldman Sachs | $18.10 | $14.87 | 21.72% | 24.57% |
| May 14, 2021 | Christian Audi | Banco Santander | $11.00 | $8.23 | 33.66% | -24.29% |
The latest Petróleo Brasileiro S.A. - Petrobras stock forecast, released on Aug 25, 2024 by Bruno Montanari from Morgan Stanley, set a price target of $20.00, which represents a 38.89% increase from the stock price at the time of the forecast ($14.40), and a 37.65% increase from PBR last price ($14.53).
Petróleo Brasileiro S.A. - Petrobras Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 4 |
| Avg Price Target | $20.00 | $20.00 | $17.43 |
| Last Closing Price | $14.53 | $14.53 | $14.53 |
| Upside/Downside | 37.65% | 37.65% | 19.96% |
In the current month, the average price target of Petróleo Brasileiro S.A. - Petrobras stock is $20.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 37.65% increase as opposed to Petróleo Brasileiro S.A. - Petrobras's last price of $14.53. This month's average price target is down 0.00% compared to last quarter, and up 14.74% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 28, 2024 | Santander | - | Outperform | Upgrade |
| May 15, 2024 | CFRA | Sell | Sell | Hold |
| May 15, 2024 | Jefferies | - | Hold | Downgrade |
| Oct 13, 2023 | HSBC | - | Buy | Upgrade |
| Sep 08, 2023 | Bradesco | - | Outperform | Upgrade |
| Aug 24, 2023 | UBS | - | Buy | Upgrade |
| Aug 23, 2023 | Bank of America Securities | - | Buy | Upgrade |
| Jun 21, 2023 | Goldman Sachs | Neutral | Buy | Upgrade |
| Jun 07, 2023 | Morgan Stanley | - | Overweight | Upgrade |
| Nov 04, 2022 | Goldman Sachs | - | Neutral | Downgrade |
Petróleo Brasileiro S.A. - Petrobras's last stock rating was published by Santander on Aug 28, 2024. The company Upgrade its PBR rating from "null" to "Outperform".
Petróleo Brasileiro S.A. - Petrobras Financial Forecast
Petróleo Brasileiro S.A. - Petrobras Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $26.77B | $30.17B | $32.41B | $34.70B | $27.19B | $24.03B | $23.25B | $20.98B | $15.70B | $13.91B | $13.15B | $9.48B | $17.14B | $19.87B | $19.42B | $18.50B | $21.23B | $24.35B | $24.87B |
| Avg Forecast | $21.67B | $21.77B | $21.31B | $21.44B | $21.96B | $22.28B | $23.54B | $24.26B | $26.77B | $26.03B | $24.07B | $27.69B | $30.26B | $30.53B | $30.49B | $28.54B | $24.02B | $21.70B | $19.87B | $18.01B | $13.58B | $13.72B | $10.09B | $14.39B | $19.91B | $18.56B | $23.42B | $21.58B | $18.73B | $33.58B |
| High Forecast | $22.91B | $23.02B | $22.53B | $22.67B | $23.22B | $22.60B | $24.89B | $25.65B | $27.23B | $27.52B | $25.45B | $29.27B | $31.99B | $32.28B | $30.49B | $30.38B | $25.57B | $23.10B | $21.15B | $19.17B | $14.46B | $14.60B | $10.74B | $15.32B | $21.19B | $19.75B | $24.93B | $22.98B | $22.47B | $40.29B |
| Low Forecast | $20.72B | $20.83B | $20.39B | $20.51B | $21.00B | $21.95B | $22.52B | $23.21B | $26.33B | $24.90B | $23.03B | $26.48B | $28.95B | $29.21B | $30.49B | $27.12B | $22.82B | $20.62B | $18.88B | $17.11B | $12.91B | $13.03B | $9.58B | $13.68B | $18.92B | $17.63B | $22.25B | $20.51B | $14.98B | $26.86B |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.00% | 1.06% | 1.14% | 0.95% | 1.00% | 1.07% | 1.06% | 0.87% | 1.02% | 0.96% | 0.94% | 1.19% | 1.00% | 1.05% | 0.79% | 0.98% | 1.30% | 0.74% |
Petróleo Brasileiro S.A. - Petrobras's average Quarter revenue forecast for Jun 23 based on 2 analysts is $24.07B, with a low forecast of $23.03B, and a high forecast of $25.45B. PBR's average Quarter revenue forecast represents a -10.07% decrease compared to the company's last Quarter revenue of $26.77B (Mar 23).
Petróleo Brasileiro S.A. - Petrobras EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $14.22B | $16.25B | $17.58B | $23.32B | $15.43B | $11.64B | $12.06B | $16.52B | $4.56B | $17.85B | $3.84B | $3.45B | $-7.95B | $7.23B | $9.06B | $13.06B | $6.34B | $3.99B | $4.96B |
| Avg Forecast | $11.79B | $11.84B | $11.59B | $11.66B | $11.95B | $12.12B | $12.81B | $17.90B | $14.57B | $14.16B | $13.10B | $16.27B | $16.46B | $19.49B | $16.58B | $14.79B | $14.27B | $15.41B | $11.85B | $9.80B | $7.39B | $10.36B | $1.67B | $-27.42B | $8.75B | $9.73B | $11.05B | $6.02B | $3.07B | $6.70B |
| High Forecast | $12.46B | $12.52B | $12.26B | $12.33B | $12.63B | $12.30B | $13.54B | $21.48B | $14.81B | $14.97B | $13.85B | $19.52B | $17.40B | $23.39B | $16.58B | $17.75B | $17.13B | $18.49B | $14.22B | $10.43B | $7.87B | $12.43B | $2.00B | $-21.94B | $10.50B | $11.67B | $13.26B | $7.23B | $3.68B | $8.04B |
| Low Forecast | $11.27B | $11.33B | $11.09B | $11.16B | $11.43B | $11.94B | $12.25B | $14.32B | $14.32B | $13.54B | $12.53B | $13.02B | $15.75B | $15.59B | $16.58B | $11.83B | $11.42B | $12.33B | $9.48B | $9.31B | $7.02B | $8.29B | $1.34B | $-32.91B | $7.00B | $7.78B | $8.84B | $4.82B | $2.45B | $5.36B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.99% | 0.90% | 1.41% | 1.04% | 0.82% | 0.78% | 1.39% | 0.47% | 2.42% | 0.37% | 2.07% | 0.29% | 0.83% | 0.93% | 1.18% | 1.05% | 1.30% | 0.74% |
2 analysts predict PBR's average Quarter EBITDA for Jun 23 to be $13.10B, with a high of $13.85B and a low of $12.53B. This is -7.89% lower than Petróleo Brasileiro S.A. - Petrobras's previous annual EBITDA (Mar 23) of $14.22B.
Petróleo Brasileiro S.A. - Petrobras Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $7.34B | $8.24B | $8.76B | $11.01B | $8.61B | $5.68B | $5.94B | $8.12B | $180.00M | $11.51B | $-236.00M | $-417.00M | $-9.71B | $1.98B | $2.29B | $4.81B | $1.07B | $551.00M | $1.68B |
| Avg Forecast | $5.74B | $6.13B | $4.76B | $4.84B | $5.36B | $6.05B | $3.33B | $9.02B | $7.14B | $5.91B | $5.61B | $8.20B | $7.48B | $9.60B | $7.73B | $7.45B | $6.91B | $7.59B | $5.83B | $1.05B | $39.21B | $-637.20M | $-201.83M | $-33.52B | $2.40B | $2.46B | $4.07B | $1.02B | $423.85M | $2.27B |
| High Forecast | $6.17B | $6.58B | $5.11B | $5.20B | $5.76B | $6.24B | $3.58B | $10.82B | $7.92B | $6.35B | $6.03B | $9.84B | $8.03B | $11.52B | $7.73B | $8.94B | $8.29B | $9.10B | $6.99B | $1.14B | $47.06B | $-509.76M | $-161.46M | $-26.81B | $2.88B | $2.95B | $4.89B | $1.22B | $508.62M | $2.73B |
| Low Forecast | $5.42B | $5.78B | $4.49B | $4.57B | $5.06B | $5.81B | $3.14B | $7.21B | $6.44B | $5.58B | $5.29B | $6.56B | $7.06B | $7.68B | $7.73B | $5.96B | $5.53B | $6.07B | $4.66B | $985.37M | $31.37B | $-764.64M | $-242.19M | $-40.22B | $1.92B | $1.97B | $3.26B | $813.20M | $339.08M | $1.82B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 1.10% | 0.91% | 1.43% | 1.15% | 0.82% | 0.78% | 1.39% | 0.17% | 0.29% | 0.37% | 2.07% | 0.29% | 0.83% | 0.93% | 1.18% | 1.05% | 1.30% | 0.74% |
Petróleo Brasileiro S.A. - Petrobras's average Quarter net income forecast for Jun 23 is $5.61B, with a range of $5.29B to $6.03B. PBR's average Quarter net income forecast represents a -23.60% decrease compared to the company's last Quarter net income of $7.34B (Mar 23).
Petróleo Brasileiro S.A. - Petrobras SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $1.70B | $1.67B | $1.65B | $1.61B | $1.72B | $1.24B | $2.39B | $1.51B | $1.51B | $-499.00M | $1.68B | $1.54B | $2.06B | $3.75B | $2.46B | $2.03B | $2.21B | $1.93B | $2.75B |
| Avg Forecast | $1.76B | $1.77B | $1.74B | $1.75B | $1.79B | $1.81B | $1.92B | $1.77B | $2.18B | $2.12B | $1.96B | $1.61B | $2.46B | $3.86B | $2.48B | $1.47B | $2.10B | $3.05B | $950.54M | $1.47B | $214.65M | $4.54B | $743.91M | $7.09B | $4.49B | $2.65B | $1.74B | $2.11B | $1.50B | $3.87B |
| High Forecast | $1.86B | $1.87B | $1.83B | $1.85B | $1.89B | $1.84B | $2.03B | $2.13B | $2.22B | $2.24B | $2.07B | $1.93B | $2.60B | $4.63B | $2.48B | $1.76B | $2.52B | $3.66B | $1.14B | $1.56B | $257.58M | $5.45B | $892.69M | $8.51B | $5.39B | $3.18B | $2.08B | $2.53B | $1.80B | $4.64B |
| Low Forecast | $1.69B | $1.70B | $1.66B | $1.67B | $1.71B | $1.79B | $1.83B | $1.42B | $2.14B | $2.03B | $1.87B | $1.29B | $2.36B | $3.09B | $2.48B | $1.17B | $1.68B | $2.44B | $760.43M | $1.39B | $171.72M | $3.63B | $595.13M | $5.67B | $3.59B | $2.12B | $1.39B | $1.68B | $1.20B | $3.09B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.68% | 0.43% | 0.65% | 1.18% | 0.59% | 0.78% | 1.59% | 1.03% | -2.32% | 0.37% | 2.07% | 0.29% | 0.83% | 0.93% | 1.17% | 1.05% | 1.28% | 0.71% |
Petróleo Brasileiro S.A. - Petrobras's average Quarter SG&A projection for Jun 23 is $1.96B, based on 2 Wall Street analysts, with a range of $1.87B to $2.07B. The forecast indicates a 15.50% rise compared to PBR last annual SG&A of $1.70B (Mar 23).
Petróleo Brasileiro S.A. - Petrobras EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $1.13 | $1.26 | $1.34 | $1.68 | $1.32 | $0.87 | $0.92 | $1.24 | $0.02 | $1.76 | $-0.04 | $-0.06 | $-1.48 | $0.30 | $0.36 | $0.74 | $0.16 | $0.08 | $0.26 |
| Avg Forecast | $0.89 | $0.95 | $0.74 | $0.75 | $0.83 | $0.94 | $0.52 | $0.85 | $1.11 | $0.92 | $0.87 | $0.90 | $1.16 | $1.28 | $1.20 | $1.16 | $0.81 | $0.56 | $0.70 | $0.16 | $0.16 | $0.01 | $-0.22 | $0.10 | $0.38 | $0.27 | $0.31 | $0.20 | $0.20 | $0.54 |
| High Forecast | $0.96 | $1.02 | $0.79 | $0.81 | $0.89 | $0.97 | $0.55 | $0.91 | $1.23 | $0.98 | $0.93 | $0.97 | $1.25 | $1.38 | $1.20 | $1.26 | $0.87 | $0.61 | $0.76 | $0.18 | $0.18 | $0.01 | $-0.21 | $0.11 | $0.41 | $0.29 | $0.33 | $0.22 | $0.24 | $0.65 |
| Low Forecast | $0.84 | $0.90 | $0.70 | $0.71 | $0.78 | $0.90 | $0.49 | $0.80 | $1.00 | $0.86 | $0.82 | $0.85 | $1.09 | $1.21 | $1.20 | $1.09 | $0.75 | $0.53 | $0.65 | $0.15 | $0.15 | $0.01 | $-0.24 | $0.09 | $0.35 | $0.25 | $0.29 | $0.19 | $0.16 | $0.43 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.25% | 1.09% | 1.04% | 1.40% | 1.13% | 1.08% | 1.64% | 1.78% | 0.12% | 10.89% | -5.22% | 0.29% | -14.79% | 0.81% | 1.34% | 2.40% | 0.79% | 0.42% | 0.48% |
According to 2 Wall Street analysts, Petróleo Brasileiro S.A. - Petrobras's projected average Quarter EPS for Jun 23 is $0.87, with a low estimate of $0.82 and a high estimate of $0.93. This represents a -23.03% decrease compared to PBR previous annual EPS of $1.13 (Mar 23).
Petróleo Brasileiro S.A. - Petrobras Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EQNR | Equinor ASA | $25.09 | $82.50 | 228.82% | Hold |
| BP | BP p.l.c. | $31.84 | $43.18 | 35.62% | Buy |
| E | Eni S.p.A. | $30.93 | $39.60 | 28.03% | Buy |
| SHEL | Shell | $67.45 | $84.67 | 25.53% | Buy |
| CVX | Chevron | $140.61 | $174.93 | 24.41% | Buy |
| EC | Ecopetrol | $9.16 | $11.35 | 23.91% | Buy |
| PBR | Petróleo Brasileiro S.A. - Petrobras | $14.53 | $16.47 | 13.35% | Buy |
| TTE | TotalEnergies SE | $67.65 | $72.00 | 6.43% | Hold |
| XOM | Exxon Mobil | $111.15 | $118.02 | 6.18% | Buy |
| CVE | Cenovus Energy | $16.20 | $17.01 | 5.00% | Buy |
| YPF | YPF Sociedad Anónima | $23.31 | $21.03 | -9.78% | Hold |
PBR Forecast FAQ
Is Petróleo Brasileiro S.A. - Petrobras a good buy?
Yes, according to 11 Wall Street analysts, Petróleo Brasileiro S.A. - Petrobras (PBR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 63.64% of PBR's total ratings.
What is PBR's price target?
Petróleo Brasileiro S.A. - Petrobras (PBR) average price target is $16.47 with a range of $11 to $20, implying a 13.35% from its last price of $14.53. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Petróleo Brasileiro S.A. - Petrobras stock go up soon?
According to Wall Street analysts' prediction for PBR stock, the company can go up by 13.35% (from the last price of $14.53 to the average price target of $16.47), up by 37.65% based on the highest stock price target, and down by -24.29% based on the lowest stock price target.
Can Petróleo Brasileiro S.A. - Petrobras stock reach $20?
PBR's average twelve months analyst stock price target of $16.47 does not support the claim that Petróleo Brasileiro S.A. - Petrobras can reach $20 in the near future.
What is Petróleo Brasileiro S.A. - Petrobras's current price target trend?
1 Wall Street analyst forecast a $20 price target for Petróleo Brasileiro S.A. - Petrobras (PBR) this month, up 37.65% from its last price of $14.53. Compared to the last 3 and 12 months, the average price target increased by 37.65% and increased by 19.96%, respectively.
What are Petróleo Brasileiro S.A. - Petrobras's analysts' financial forecasts?
Petróleo Brasileiro S.A. - Petrobras's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $92.04B (high $96.36B, low $88.69B), average EBITDA is $54.77B (high $59.95B, low $49.94B), average net income is $23.77B (high $26.4B, low $21.23B), average SG&A $7.29B (high $7.88B, low $6.75B), and average EPS is $3.14 (high $3.33, low $2.97). PBR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $86.19B (high $91.12B, low $82.44B), average EBITDA is $46.89B (high $49.57B, low $44.85B), average net income is $21.47B (high $23.06B, low $20.25B), average SG&A $7.02B (high $7.42B, low $6.71B), and average EPS is $3.33 (high $3.58, low $3.14).
Did the PBR's actual financial results beat the analysts' financial forecasts?
Based on Petróleo Brasileiro S.A. - Petrobras's last annual report (Dec 2022), the company's revenue was $124.47B, beating the average analysts forecast of $119.82B by 3.88%. Apple's EBITDA was $73.92B, beating the average prediction of $67.33B by 9.78%. The company's net income was $36.62B, beating the average estimation of $32.25B by 13.55%. Apple's SG&A was $6.41B, missing the average forecast of $10.27B by -37.63%. Lastly, the company's EPS was $5.62, beating the average prediction of $4.8 by 16.99%. In terms of the last quarterly report (Mar 2023), Petróleo Brasileiro S.A. - Petrobras's revenue was $26.77B, missing the average analysts' forecast of $27.69B by -3.31%. The company's EBITDA was $14.22B, missing the average prediction of $16.27B by -12.61%. Petróleo Brasileiro S.A. - Petrobras's net income was $7.34B, missing the average estimation of $8.2B by -10.45%. The company's SG&A was $1.7B, beating the average forecast of $1.61B by 5.28%. Lastly, the company's EPS was $1.13, beating the average prediction of $0.904 by 25.04%