Embraer Earnings Results 4th Quarter and Fiscal Year 2019
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Embraer (ERJ) Misses Q4 EPS by 49c
March 26, 2020 6:05 AM EDTEmbraer (NYSE: ERJ) reported Q4 EPS of ($0.51), $0.49 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $2.09 billion versus the consensus estimate of $2.08 billion.
HIGHLIGHTS
Embraer delivered 35 commercial jets and 46 executive jets (20 light and 26 large) in 4Q19, and in 2019 delivered 89 commercial jets and 109 executive jets (62 light and 47 large), meeting guidance for 2019;The Company's firm order backlog at the end of 4Q19 was US$ 16.8 billion, an increase compared to the US$ 16.2 billion... More