RIO DE JANERIO RJ BR, Brazil (AP) — RIO DE JANERIO RJ BR, Brazil (AP) — Petroleo Brasileiro SA – Petrobras (PBR) on Thursday reported third-quarter earnings of $5.87 billion.
On a per-share basis, the Rio De Janerio Rj Br, Brazil-based company said it had net income of 92 cents. Earnings, adjusted for non-recurring costs, came to 93 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.
The oil and gas company posted revenue of $23.37 billion in the period.
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