Embraer Earnings Results 2nd Quarter 2020
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Embraer (ERJ) Misses Q2 EPS by 13c, Revenues Beat
August 5, 2020 6:07 AM EDTEmbraer (NYSE: ERJ) reported Q2 EPS of ($0.57), $0.13 worse than the analyst estimate of ($0.44). Revenue for the quarter came in at $633.8 million versus the consensus estimate of $613.05 million.
HIGHLIGHTS
Embraer delivered four commercial jets and 13 executive jets (nine light / four large) in 2Q20, and the Company's firm order backlog at the end of 2Q20 was US$ 15.4 billion;Excluding special items, adjusted EBIT and EBITDA were US$ (140.5) million and US$ (120.4) million, respectively, negatively impacted by weak Commercial Aviation results, yielding... More