RIO DE JANEIRO, May 13 (Reuters) - Brazilian state-run

oil firm Petrobras posted a 38% fall in its

first-quarter net recurring profit from a year earlier on

Monday, missing expectations.

The company reported net recurring profit of 23.9 billion

reais ($4.63 billion) for the quarter ended in March. Analysts

polled by LSEG were expecting 30.2 billion reais.

The firm's adjusted earnings before interest, taxes,

depreciation and amortization (EBITDA) for the period shrank

about 17%, compared with the same period of 2023, to 60.04

billion reais. The LSEG poll expected a result of 67.92 billion

reais.

Sales revenue fell about 15%, to 117.7 billion reais on

the same comparison.

($1 = 5.1570 reais)