Petróleo Brasileiro S.a. Earnings

Petróleo Brasileiro S.a.’s revenue fell -8.56% since last year same period to $23366Mn in the Q3 2024. On a quarterly growth basis, Petróleo Brasileiro S.a. has generated -0.43% fall in its revenue since last 3-months.

Petróleo Brasileiro S.a.’s net profit jumped 7.59% since last year same period to $5870Mn in the Q3 2024. On a quarterly growth basis, Petróleo Brasileiro S.a. has generated 1806.4% jump in its net profits since last 3-months.

Petróleo Brasileiro S.a.’s net profit margin jumped 17.65% since last year same period to 25.12% in the Q3 2024. On a quarterly growth basis, Petróleo Brasileiro S.a. has generated 1813.77% jump in its net profit margins since last 3-months.

Petróleo Brasileiro S.a.’s price-to-earnings ratio after this Q3 2024 earnings stands at 5.52.

Petróleo Brasileiro S.a.’s earning per share (EPS) estimates for the current quarter stand at 0.85 - a 80.85% jump from last quarter’s estimates.

Petróleo Brasileiro S.a.’s earning per share (EPS) estimates for the current year stand at 0.85.

Petróleo Brasileiro S.a.’s earning per share (EPS) jumped 6.98% since last year same period to 0.92 in the Q3 2024. This indicates that the Petróleo Brasileiro S.a. has generated 6.98% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Petróleo Brasileiro S.a.’s return on assets (ROA) stands at 0.11.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Petróleo Brasileiro S.a.’s return on equity (ROE) stands at 0.22.

Petróleo Brasileiro S.a. declared 0.19 dividend per share during the earnings announcement for Q3 2024.