Embraer Earnings Results 4th Quarter And Fiscal Year 2020

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Embraer (ERJ) Misses Q4 EPS by 34c, Revenues Miss

March 19, 2021 7:04 AM EDT

Embraer (NYSE: ERJ) reported Q4 EPS of ($0.66), $0.34 worse than the analyst estimate of ($0.32). Revenue for the quarter came in at $758.7 million versus the consensus estimate of $1.66 billion.

HIGHLIGHTS

Embraer delivered 28 commercial jets and 43 executive jets (23 light / 20 large) in 4Q20, and in 2020 delivered 44 commercial jets and 86 executive jets (56 light / 30 large). Total company firm order backlog at the end of 2020 was US$ 14.4 billion;Revenues in 4Q20 reached US$ 1,841.4... More