• Braskem SA BAK.N reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -27 cents. The mean expectation of three analysts for the quarter was for a loss of 61 cents per share. Wall Street expected results to range from -80 cents to -42 cents per share.

• Revenue fell 9.1% to $2.98 billion from a year ago; analysts expected $3.19 billion.

• Braskem SA's reported EPS for the quarter was a loss of $4.75​.

• The company reported a quarterly loss of $1.75 billion.

• Braskem SA shares had risen by 33.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 46.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the commodity chemicals peer group is "buy."

• Wall Street's median 12-month price target for Braskem SA is $3.50, about 12.6% below its last closing price of $3.94

This summary was machine generated from LSEG data March 27 at 11:48 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)