Petroleo Brasileiro Petrobras SA ADR (PBR) Earnings
Should You Buy PBR Before Earnings?
Based on the last three years of earnings reports, buying PBR stock within four weeks before its earnings date yielded an average return of 1.68%.
The best time to buy before earnings was 7 days before, which yielded an average return of 2.82% by the earnings date. The worst time was 21 days before, which yielded an average return of 1.04%.
Report dates analyzed: May 13 2021 - Feb 21 2024*Disclaimer: Past performances is not a guarantee of future results.
Should You Buy PBR After Earnings?
Based on the last three years of earnings reports, on average, PBR has gone up 0.09% shortly after its earnings date. The price peaks 28 days after earnings and is on average 2.13% higher than its closing price on day of earnings.
Since PBR has typically gone up after earnings, you might want to consider buying the stock before.
Report dates analyzed: May 13 2021 - Feb 21 2024*Disclaimer: Past performances is not a guarantee of future results.
Average Gains
The average return if you bought Petroleo Brasileiro Petrobras SA ADR before its earnings report and sold at close on its earnings day.
Period | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of |
---|---|---|---|---|---|---|
Past 4 Earnings | 3.14% | -0.42% | -1.59% | 2.27% | 0.23% | 0.97% |
Past 8 Earnings | 1.02% | 0.58% | 0.92% | 3.48% | 1.64% | 1.42% |
Past 12 Earnings | 2.06% | 1.04% | 1.39% | 2.82% | 1.09% | 0.91% |
PBR Earnings History
Report Date | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of | 1 Day After | 7 Days After | 14 Days After | 21 Days After | 28 Days After |
---|---|---|---|---|---|---|---|---|---|---|---|
2024-05-07 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-02-21 | 15.89 8.69% | 17.07 1.17% | 17.39 -0.69% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2023-10-31 | 14.30 4.90% | 15.08 -0.53% | 16.16 -7.18% | 15.55 -3.54% | 15.11 -0.73% | 15.00 0.07% | 15.33 2.20% | 15.43 2.87% | 15.83 5.53% | 15.85 5.67% | 15.49 3.27% |
2023-08-03 | 13.51 3.85% | 13.82 1.52% | 13.60 3.16% | 13.69 2.48% | 14.05 -0.14% | 14.03 -0.14% | 13.52 -3.64% | 13.68 -2.50% | 13.74 -2.07% | 14.49 3.28% | 14.05 0.14% |
2023-05-11 | 11.89 -4.88% | 11.76 -3.83% | 11.50 -1.65% | 10.27 10.13% | 11.11 1.80% | 11.31 3.95% | 11.86 4.86% | 11.71 3.54% | 11.75 3.89% | 11.98 5.92% | 13.15 16.27% |
2023-02-22 | 11.93 -5.53% | 11.42 -1.31% | 11.20 0.63% | 11.62 -3.01% | 11.27 0.00% | 11.27 0.27% | 11.69 3.73% | 11.09 -1.60% | 11.28 0.09% | 9.98 -11.45% | 9.91 -12.07% |
2022-11-03 | 14.51 -10.06% | 14.43 -9.56% | 15.44 -15.48% | 13.69 -4.68% | 12.75 2.35% | 13.05 2.51% | 12.65 -3.07% | 11.01 -15.63% | 11.46 -12.18% | 10.14 -22.30% | 11.28 -13.56% |
2022-07-29 | 11.76 21.43% | 11.79 21.12% | 11.23 27.16% | 11.64 22.68% | 13.39 6.65% | 14.28 2.66% | 14.10 -1.26% | 14.45 1.19% | 13.62 -4.62% | 13.66 -4.34% | 14.74 3.22% |
2022-05-06 | 15.69 -10.26% | 14.66 -3.96% | 13.88 1.44% | 13.57 3.76% | 13.65 3.15% | 14.08 2.03% | 13.24 -5.97% | 14.51 3.05% | 15.42 9.52% | 14.26 1.28% | 14.18 0.71% |
2022-02-23 | 13.61 6.98% | 13.53 7.61% | 13.42 8.50% | 14.21 2.46% | 14.32 1.68% | 14.56 -0.41% | 13.95 -4.19% | 14.68 0.82% | 13.86 -4.81% | 13.26 -8.93% | 14.19 -2.54% |
2021-10-28 | 10.34 2.13% | 10.64 -0.75% | 10.93 -3.39% | 10.05 5.08% | 10.49 0.67% | 10.56 1.64% | 9.82 -7.01% | 9.53 -9.75% | 10.18 -3.60% | 9.88 -6.44% | 10.48 -0.76% |
Methodology
We analyzed the past three years of PBR's earnings reports to calculate the average change in price of the stock before and after earnings.
Before Earnings
For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of PBR on the day of the earnings report to calculate the return. The dates analyzed are:
- 28 days prior (4 weeks)
- 21 days prior (3 weeks)
- 14 days prior (2 weeks)
- 7 days prior (1 week)
- 1 day prior
This simulates an individual purchasing PBR stock on one of those days and selling on the day of the earnings report.
After Earnings
For calculating the average gains if you bought PBR stock on the day of earnings, we looked at the closing price of PBR on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:
- 1 day after
- 7 days after (1 week)
- 14 days after (2 weeks)
- 21 days after (3 weeks)
- 28 day after (4 weeks)
This simulates an individual purchasing PBR stock on the day of the earnings report and then selling on one of the dates following.
Day of
To calculate the gains on the day of earnings, we compared the opening price of PBR to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.
$PBR I still don’t wanna buy it
$PBR Hedgies
we aren't going anywhere!
$PBR nothing drops
$PBR This is just getting warmed up.
$PBR come on bulls we can do it
don’t let bears win
$PBR Bull flag forming?
$PBR buy
$PBR rocket fuel tanks are full. Gonna shoot to the stars
$PBR just go up
$PBR has just been halted from trading.