Embraer Earnings Results 2nd Quarter 2019

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Embraer (ERJ) Tops Q2 EPS by 13c

August 14, 2019 6:04 AM EDT

Embraer (NYSE: ERJ) reported Q2 EPS of ($0.08), $0.13 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.35 billion.

HIGHLIGHTS

Embraer delivered 26 commercial and 25 executive (19 light and 6 large) jets during 2Q19, compared to 28 commercial jets and 20 executive (15 light and 5 large) jets in 2Q18;The Company's firm order backlog at the end of 2Q19 was US$ 16.9 billion, up... More