Braskem (BAK) to Release Quarterly Earnings on Thursday

Braskem (NYSE:BAK - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect Braskem to post earnings of $0.06 per share and revenue of $22.86 billion for the quarter.

Braskem (NYSE:BAK - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The company reported ($0.39) EPS for the quarter, missing analysts' consensus estimates of ($0.38) by ($0.01). The firm had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.52 billion. Braskem had a negative return on equity of 439.59% and a negative net margin of 9.88%. On average, analysts expect Braskem to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Braskem Trading Up 2.4 %

Shares of BAK stock traded up $0.09 during mid-day trading on Tuesday, reaching $3.63. The stock had a trading volume of 69,098 shares, compared to its average volume of 843,709. Braskem has a 1-year low of $2.85 and a 1-year high of $8.09. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of -1.02 and a beta of 1.83. The business's fifty day moving average is $3.64 and its 200-day moving average is $4.38.

Wall Street Analysts Forecast Growth

Separately, Scotiabank downgraded shares of Braskem from a "sector outperform" rating to a "sector perform" rating in a report on Monday, March 3rd.

Braskem Company Profile

Braskem SA, together with its subsidiaries, produces and sells thermoplastic resins. The company operates through three segments: Brazil, United States and Europe, and Mexico. The Brazil segment produces and sells olefins, including ethylene, polymer and chemical grade propylene, butadiene, and butene-1; benzene, toluene, and xylenes products; fuels, such as automotive gasoline, liquefied petroleum gas, ethyl tertiary-butyl ether, and methyl tertiary-butyl ether; intermediates, such as cumene; aliphatics, aromatics, and hydrogenated solvents; and specialties comprising isoprene, dicyclopentadiene, piperylene, nonene, tetramer, polyisobutylene, and hydrocarbon resins.