May 7, 2019 / 10:53 PM / 2 months ago

CORRECTED-Extraordinary charges cause quarterly profit miss at Petrobras

(In 2nd paragraph, corrects to say that profit fell by 42 percent, not rose by 92 percent)

RIO DE JANEIRO, May 7 (Reuters) - Brazilian state-run oil firm Petroleo Brasileiro SA missed first-quarter profit estimates on Tuesday as the firm’s results were again hit by the effects of judicial contingencies and other one-off items.

Petrobras, as the firm is known, posted a quarterly profit of 4.03 billion reais ($1.02 billion), down 42 percent from the same period a year ago and below the Refinitiv estimate of 5.36 billion reais. ($1 = 3.97 reais) (Reporting by Gram Slattery; editing by Jonathan Oatis)

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