Embraer S.A. Releases Its First Quarter 2021 Earnings Results

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Embraer (ERJ) Misses Q1 EPS by 18c, Revenues Beat

April 29, 2021 6:29 AM EDT

Embraer (NYSE: ERJ) reported Q1 EPS of ($0.52), $0.18 worse than the analyst estimate of ($0.34). Revenue for the quarter came in at $807.3 million versus the consensus estimate of $784.48 million.

HIGHLIGHTS

Embraer delivered 9 commercial jets and 13 executive jets (10 light / 3 large) in 1Q21. Total company firm order backlog at the end of 1Q21 was US$ 14.2 billion;Revenues in 1Q21 reached US$ 807.3 million, representing year-over-year growth of 27.4%... More