# Petroleo Brasileiro Petrobras SA ADR (PBR) Earnings Preview

Source: https://www.equity-rank.com/earnings-preview/PBR

Next report: **Tue, Nov 10, 2026, after the close**. Analysts' average EPS estimate: $1.38. The facts below describe past reports and today's prices; none of them predicts the result.

- Move the option market prices in: ±5.7% (at-the-money straddle, 2026-11-13 expiry)
- Typical move after a report: ±1.3% (median of the last 8, either direction)
- Model fair value (multi-method blend): Not published against a $18.53 price

## The last 8 reports

Reported EPS came in above the estimate 4 of 8 times.

| Reported | EPS estimate | EPS actual | Surprise | Stock move |
| --- | --- | --- | --- | --- |
| Thu, Aug 6, 2026 | $1.52 | $1.72 | +13.2% | -3.0% |
| Mon, May 11, 2026 | $0.99 | $0.96 | -3.0% | -1.2% |
| Thu, Mar 5, 2026 | $0.54 | $0.45 | -17.5% | -0.2% |
| Thu, Nov 6, 2025 | $0.71 | $0.94 | +32.4% | +5.9% |
| Fri, Aug 8, 2025 | $0.66 | $0.64 | -3.0% | -0.1% |
| Mon, May 12, 2025 | $1.16 | $0.65 | -44.0% | +1.0% |
| Wed, Feb 26, 2025 | $0.19 | $0.47 | +152.1% | -5.7% |
| Thu, Nov 7, 2024 | $0.74 | $0.90 | +21.6% | +1.5% |

Stock move = closing price change across the report.

[Full PBR valuation](https://www.equity-rank.com/stocks/PBR) · [Other upcoming reports](https://www.equity-rank.com/earnings-preview)

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Fair value is a model estimate under stated assumptions — not a price target, not a prediction, and not a recommendation. This page is research information, not investment advice. Equity Rank is not a registered investment adviser.