–Brazilian aerospace company Embraer (NYSE: ERJ) reported an adjusted loss of $0.26 per ADS for the third quarter of 2019, vs. $0.09 per ADS loss expected
— Net loss attributable to shareholders was $77.2 million or $0.42 per ADS, compared to a loss of $12.5 million or $0.017 per ADS a year earlier
–Revenues increased to $1.18 billion from $1.16 billion in the third quarter of last year, vs. $1.34 billion expected
— Delivered 17 commercial and 27 executive jets during the quarter, up from 15 and 24 units respectively last year
— Reaffirmed full-year 2019 delivery targets of 85–95 commercial jets, 90–110 executive jets and two KC-390 aircraft
–Currently, on track to deliver five Super Tucano aircraft in 2019
–Reaffirmed full-year revenue guidance of $ 5.3–5.7 billion and breakeven EBIT margin
–Reiterated 2020 revenue outlook of $ 2.5–$ 2.8 billion, EBIT margin of 2–5%, and breakeven free cash flow
Most Popular
Hormel (HRL) expects earnings pressure to continue into Q1 2026
Shares of Hormel Foods Corporation (NYSE: HRL) gained over 3% on Thursday. The company delivered mixed results for the fourth quarter of 2025, as earnings came ahead of expectations while
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
