Embraer Earnings Results 3rd Quarter 2019
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Embraer (ERJ) Misses Q3 EPS by 17c, Revenues Beat; Reaffirms FY19 Revenue Guidance
November 12, 2019 5:51 AM ESTEmbraer (NYSE: ERJ) reported Q3 EPS of ($0.26), $0.17 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.34 billion.
HIGHLIGHTS
In 3Q19, Embraer delivered 17 commercial and 27 executive (15 light and 12 large) jets, compared to 15 commercial jets and 24 executive (17 light and 7 large) jets in 3Q18;The Company's firm order backlog at the end of 3Q19 was US$ 16.2 billion;EBIT and EBITDA in 3Q19 were US$ (20.8) million and US$ 18.2 million, respectively,... More