Embraer (ERJ) Q1 Earnings Beat Estimates, Revenues Up Y/Y
Embraer(ERJ) Zacks Investment Research·2024-05-13 20:56
Shares of Embraer S.A. (ERJ) dropped 2.4% to reach $25.92 on May 10, following the company’s latest result release.Embraer reported a first-quarter 2024 adjusted loss of 7 cents per American Depository Share (ADS), which was narrower than the Zacks Consensus Estimate of loss of 12 cents per share. The bottom line was also narrower than the loss of 48 cents per share incurred in the prior-year quarter.The company reported quarterly GAAP earnings of 16 cents per ADS against a loss of 39 cents per share report ...