Petrobras Brasileiro Q1 EPS $0.92, Inline, Sales $21.07B Miss $21.64B Estimate

Petrobras Brasileiro (NYSE:PBR) reported quarterly earnings of $0.92 per share which met the analyst consensus estimate. This is a 24.32 percent increase over earnings of $0.74 per share from the same period last year. The company reported quarterly sales of $21.07 billion which missed the analyst consensus estimate of $21.64 billion by 2.62 percent. This is a 11.34 percent decrease over sales of $23.77 billion the same period last year.