Embraer (ERJ) Tops Q2 EPS by 7c
Embraer (NYSE: ERJ) reported Q2 EPS of $0.57, $0.07 better than the analyst estimate of $0.50. Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.44 billion.
Adjusted EBIT and Adjusted EBIT margin in 2Q16, excluding the impact of the loss contingency, was US$ 72.6 million and 5.3%, respectively. Adjusted EBITDA and Adjusted EBITDA margin in the quarter, excluding this impact, was US$ 152.3 million and 11.1%, respectively.
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