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

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Embraer Earnings Results 4th Quarter And Fiscal Year 2020

March 19, 2021 7:00 AM EDT

SÃO PAULO, March 19, 2021 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its Fourth Quarter 2020 and Fiscal Year 2020 Earnings Results.

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 million and for fiscal year 2020 were US$ 3,771.1 million, representing year-over-year declines of 11.7% and 31.0%, respectively, versus their prior year periods; Excluding special items,... More