What will be the predicted Move for Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) on 7th day after earnings?


Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) moved down -3.05% and closed its last trading session at $8.91. This Oils-Energy Sector stock currently has the Market Capitalization of 57.2 Billion. The Average Volume for the stock is measured as 17.56 Million. The Stock has a 52-Week High of $12.56 and 52-Week Low of $4.98 following the dates, it touched its 52-Week High on Oct 24, 2016 and 52-Week Low on Mar 24, 2016. Currently, the Return on Assets value for the trailing twelve months is -6.4% with the Return on Equity and Return on Investment of -20.7% and -1% respectively. This firm currently has YTD (year to date) performance of -11.87 Percent which is not good. The Short Ratio for the stock is 2.48.

Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-2.69. The TTM operating margin is -12.3 percent.

Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) reports its Earnings on Tue 21 Mar (In 2 Days). The estimated EPS for the current quarter is said to be $0.18. Following Earnings result, share price were DOWN 9 times out of last 16 Qtrs. The stock has reduced about -13.8% since it reported its last earnings. The Closing price of Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) at Last Earnings was $10.34 as compared to the previous closing price of $9.19. The Predicted Move on the 7th day after Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) will release its earnings at about 7%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) beats earnings by 50%, The Stock Missed Earnings  6  times and has met earnings  0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) reported its previous quarter on 11/10/2016 where it reported the Actual Earnings of $-0.41. The Closing price before the company posted its earnings was $10.34. The Stock declined on the very next day of earnings and maintained its stock price at $9.73 by showing a % change of -5.9 percent from its previous closing price. The Next Day Volume after Earnings was reported as 44.64 Million. On the 7th day After Earnings Report, the stock hit its share price as $9.6 by showing -7.16% decrease from the Stock price Before Earnings were reported.

On 08/12/2016, the stock reported the EPS of $0.02 where Analysts were projecting the EPS to be $0.12 showing a difference of $-0.1. Thus Surprise Factor was there with -83.3 percent. Before Earnings Announcement on 08/12/2016, the firm had its stock price of $8.73. And immediately on the next day after earnings announcement, the stock inclined 4.01% and closed its trading session at $9.08. On 7th Day after earnings release, Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) surged to 8.02% from $8.73 to $9.43.

On 05/12/2016, Analysts were suspecting EPS of $0.04/share where Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) reported its Actual EPS of $-0.04. Thus showing a Surprise of -200 percent. The Closing Price of the stock before earnings was $7.35 while on the Next day the stock closed its trading session at $6.88 with a percentage change of -6.39% from the price of 7.35 before Earnings. The Stock Closing Price on the 7th day of earnings was $6.42.

Company Profile:

Petróleo Brasileiro S.A. – Petrobras operates as an integrated energy company in Brazil and internationally. Its Exploration and Production segment engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; and sale of crude oil and oil products produced at natural gas processing plants in domestic and foreign markets. The company’s Refining, Transportation and Marketing segment is involved in the refining, logistics, transport, and trading of crude oil and oil products, as well as exports ethanol and invests in petrochemical companies. This segment also engages in the extraction and processing of shale. The company’s Gas and Power segment engages in the transportation and trade of natural gas and liquid natural gas; generation and trade of electricity; holding interests in natural gas transportation and distribution, and thermoelectric power plants; and fertilizer business. Its Biofuels segment is involved in the production of biodiesel and its co-products, as well as in the investment, production, and trading of ethanol, sugar, and the electric power generated from sugarcane bagasse. The company’s Distribution segment distributes oil products, ethanol, and vehicle natural gas in Brazil to retail, commercial, and industrial customers, as well as other fuel wholesalers. The company was founded in 1953 and is headquartered in Rio de Janeiro, Brazil.