Petrobras Brasileiro (NYSE:PBR) reported quarterly earnings of $1.62 per share which beat the analyst consensus estimate of $1.36 by 19.12 percent. This is a 118.92 percent increase over earnings of $0.74 per share from the same period last year. The company reported quarterly sales of $33.607 billion which missed the analyst consensus estimate of $33.690 billion by 0.25 percent. This is a 59.75 percent increase over sales of $21.037 billion the same period last year.