ERJ secures a new deal to supply up to six A-29 Super Tucano aircraft to Uruguay.
Embraer stock has seen a nearly 220% increase since a buy rating in February and 84% since my last coverage, exceeding the price target. The company recorded margin expansion during the quarter, but this was driven by one-off items. Embraer faces supply chain challenges but sees revenue growth, margin improvement, and strong backlog, presenting opportunities for growth.
Embraer (ERJ), with its recent order win, is set to provide eight E190-E2 small narrowbody aircraft to Virgin Australia.
LATAM Airlines could potentially buy as many as 30 aircraft from Brazilian planemaker Embraer as the carrier looks to expand operations in Latin America's largest economy, Brazil's ports and airports minister said on Tuesday.
Brazilian planemaker Embraer is set to secure an order for eight E190-E2 regional jets from Virgin Australia after winning a competition against the A220, the smallest model of Europe's Airbus , industry sources said on Monday.
Embraer S.A. (NYSE:ERJ ) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants Guilherme Paiva - Head of Investor Relations Francisco Gomes Neto - President and Chief Executive Officer Antonio Carlos Garcia - Chief Financial Officer Luiz Herrisson - Corporate Communications Director Conference Call Participants Kristine Liwag - Morgan Stanley Victor Mizusaki - Bradesco BBI Marcelo Motta - J.P.
Embraer's (ERJ) second-quarter revenues of $1.49 billion increase 15.5% year over year. The reported figure surpasses the Zacks Consensus Estimate by 6.4%.
The headline numbers for Embraer (ERJ) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Brazil's Embraer reported a second-quarter adjusted net income of 415.7 million reais ($73.75 million), up from 276 million reais a year earlier, a securities filing showed on Thursday.
LATAM Airlines is weighing the possibility of adding smaller aircraft to its fleet such as Embraer's E2 and Airbus' A220, the firm's Brazil head said on Wednesday.
Brazilian planemaker Embraer signed a five-year $1 billion syndicated credit agreement, the firm said on Tuesday.
Evaluate the expected performance of Embraer (ERJ) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.