CORRECTION: 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 earnings of $0.32 per share, beating the analyst consensus estimate of $0.12 by 163.33%. The company also reported quarterly sales of $1.29 billion, surpassing the analyst consensus estimate of $1.16 billion by 11.19%. Both earnings and sales have increased compared to the same period last year.
August 14, 2023 | 11:18 am
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Embraer's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Embraer's better-than-expected Q2 earnings and sales suggest a strong financial performance, which is likely to positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100