Embraer Q3 Adjusted EPS $0.18 Beats $0.15 Estimate, Sales $1.28B Miss $1.36B Estimate
Portfolio Pulse from Benzinga Newsdesk
Embraer (NYSE:ERJ) reported Q3 earnings of $0.18 per share, beating the analyst consensus estimate of $0.15 by 19.33%. However, the company's quarterly sales of $1.28 billion missed the analyst consensus estimate of $1.36 billion by 5.56%. This represents a 34.59% increase in earnings and a 38.26% increase in sales compared to the same period last year.
November 06, 2023 | 10:29 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Embraer's Q3 earnings beat estimates but sales missed, indicating mixed performance.
Embraer's earnings beat estimates, which is positive for the stock. However, the miss on sales could offset this positive impact, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100