-+ 0.00%
-+ 0.00%
-+ 0.00%
Embraer: Q3 Earnings Snapshot
Share
Listen to the news

SAO JOSE DOS CAMPOS, Brazil (AP) — SAO JOSE DOS CAMPOS, Brazil (AP) — Embraer SA (EMBJ) on Tuesday reported third-quarter earnings of $71.1 million.

On a per-share basis, the Sao Jose Dos Campos, Brazil-based company said it had profit of 40 cents. Earnings, adjusted for non-recurring costs, came to 41 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.

The plane and jet manufacturer posted revenue of $2.35 billion in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $2.3 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMBJ at https://www.zacks.com/ap/EMBJ

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending