Petroleo Brasileiro SA Petrobras reports results for the quarter ended June 30 - Earnings Summary

Petroleo Brasileiro SA Petrobras

07/08/2026 02:48

Petroleo Brasileiro SA Petrobras PETR3.SA reported quarterly adjusted earnings of R$4.33​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of R$1.81.  The mean expectation of four analysts for the quarter was for earnings of R$3.54 per share. Wall Street expected results to range from R$3.16  to R$3.98 per share.
Revenue rose 42.3% to R$169.53 billion from a year ago; analysts expected R$159.48 billion. 
Petroleo Brasileiro SA Petrobras's reported EPS for the quarter was R$4.07​.
The company reported quarterly net income of R$52.45 billion.
Petroleo Brasileiro SA Petrobras shares had risen by 12.9% this quarter and gained 48.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 22.7% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated oil & gas peer group is also "buy" 
Wall Street's median 12-month price target for Petroleo Brasileiro SA Petrobras is R$60.00, about 21.1% above its last closing price of R$47.31
This summary was machine generated from LSEG data August 7 at 01:48 a.m. UTC. ​All figures in Brazilian reais unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
3.54
4.33
Beat
Mar. 31 2026 
1.73
1.85
Beat
Dec. 31 2025 
1.68
1.97
Beat
Sep. 30 2025 
1.81
2.23
Beat