Petroleo Brasileiro Petrobras ADR earnings missed by $0.04, revenue topped estimates

Petrobras, the Brazilian state-controlled oil company, unveiled its third quarter financial results, slightly missing projections. The company reported an earnings per share (EPS) of $1.20, falling short of the analyst estimate of $1.24. However, revenue for the quarter reached $32.96 billion, surpassing the expected $31.59 billion.

The company's stock price closed at $18.28, showing a 2.24% increase over the past three months and a 40.83% rise over the past year. Despite mixed EPS revisions over the last 90 days, Petrobras maintains a "good performance" financial health score according to InvestingPro. Investors can track the company's stock performance and upcoming earnings reports through Investing.com's financial tools and calendars.