Embraer Q2 EPS Adj. $0.32 Beats $0.12 Estimate, Sales $1.29B Beat $1.16B Estimate
Portfolio Pulse from Benzinga Newsdesk
Embraer (NYSE:ERJ) reported Q2 adjusted earnings of $0.32 per share, beating the analyst consensus estimate of $0.12 by 163.33%. This is a 25.4% increase from the same period last year. The company also reported quarterly sales of $2.01 billion, beating the analyst consensus estimate of $1.16 billion by 72.89%, a 97.17% increase from the same period last year.
August 14, 2023 | 10:24 am
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Embraer's Q2 earnings and sales significantly beat estimates, indicating strong financial performance.
Embraer's Q2 earnings and sales significantly exceeded analyst estimates, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100