Categories Earnings, Other Industries

Embraer (NYSE: ERJ): Q3 2019 Earnings Snapshot

–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

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Most Popular

AVGO Earnings: All you need to know about Broadcom Q1 2021 earnings results

Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared

Infographic: Costco (COST) Q2 2021 sales up 15%; earnings miss

Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million

Will shifting to as-a-service model help Hewlett Packard in emerging stronger from COVID?

With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top