Petrobras' Second-Quarter Adjusted EBITDA Tops Analysts' Estimate
Brazilian oil company Petrobras reported second-quarter adjusted EBITDA of 93.84 billion Brazilian reais, compared with analysts' expectation of 91.37 billion reais. Adjusted EBITDA excluding one-time events was 100.64 billion reais, while net income excluding one-time events was 55.76 billion reais. Second-quarter net income was 52.45 billion reais, versus analysts' expectation of 45.14 billion reais. Sales were 169.53 billion reais, compared with analysts' expectation of 161.62 billion reais. Net debt was 60.39 billion reais.
Brazilian oil company Petrobras reported second-quarter adjusted EBITDA of 93.84 billion Brazilian reais, compared with analysts' expectation of 91.37 billion reais.
Adjusted EBITDA excluding one-time events was 100.64 billion reais, while net income excluding one-time events was 55.76 billion reais.
Second-quarter net income was 52.45 billion reais, versus analysts' expectation of 45.14 billion reais. Sales were 169.53 billion reais, compared with analysts' expectation of 161.62 billion reais.
Net debt was 60.39 billion reais.
Adjusted EBITDA excluding one-time events was 100.64 billion reais, while net income excluding one-time events was 55.76 billion reais.
Second-quarter net income was 52.45 billion reais, versus analysts' expectation of 45.14 billion reais. Sales were 169.53 billion reais, compared with analysts' expectation of 161.62 billion reais.
Net debt was 60.39 billion reais.