Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (NYSE:PBR) reported quarterly earnings of $0.92 per share which beat the analyst consensus estimate of $0.78 by 17.95 percent. The company reported quarterly sales of $23.366 billion which beat the analyst consensus estimate of $22.574 billion by 3.51 percent. This is a 8.56 percent decrease over sales of $25.552 billion the same period last year.