Petrobras' third quarter 2014 earnings will be highly watched because its third quarter 2013 earnings came in well below analyst estimates. If the company can manage to at least meet expectations, it is poised to have growth in earnings in the full calendar year of 2014 compared to 2013. For dividend investors this would be good news because that should mean that we will see an increased dividend in 2015 if that happens. I am long shares of Petrobras and am waiting to see these earnings but I am optimistic that they will be great because of all of the developments the company is enjoying.
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Saturday, September 6, 2014
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