Embraer (ERJ) Reports Q1 Loss of $0.57 on Revenues of $633.8M
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Embraer Earnings Results 1st Quarter 2020
June 1, 2020 6:00 AM EDTSÃO PAULO, June 1, 2020 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its First Quarter Earnings Results.
HIGHLIGHTS
Embraer delivered five commercial jets and nine executive jets (five light / four large) in 1Q20, and the Company's firm order backlog at the end of 1Q20 was US$ 15.9 billion;EBIT and EBITDA in 1Q20 as reported were US$ (46.9) million and US$ 9.3 million, respectively, yielding EBIT margin of -7.4% and EBITDA margin of 1.5%. This compares to EBIT of US$ (15.2) million (-1.8% EBIT... More