Braskem (BAK) Projected to Post Earnings on Thursday

Braskem (NYSE:BAK) is expected to announce its Q1 2025 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) last posted its quarterly earnings results on Thursday, February 27th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.38) by ($0.01). Braskem had a negative net margin of 9.88% and a negative return on equity of 439.59%. The business had revenue of $3.28 billion for the quarter, compared to analysts’ expectations of $3.52 billion. 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 3.5 %

NYSE BAK opened at $3.66 on Wednesday. Braskem has a 1-year low of $2.85 and a 1-year high of $8.09. The stock has a 50-day moving average of $3.63 and a 200-day moving average of $4.38. The firm has a market cap of $1.46 billion, a PE ratio of -1.03 and a beta of 1.83.

Analysts Set New Price Targets

Separately, Scotiabank downgraded Braskem from a “sector outperform” rating to a “sector perform” rating in a research 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.