Embraer Earnings Preview
Portfolio Pulse from Benzinga Insights
Embraer (NYSE:ERJ) is scheduled to release its quarterly earnings report on March 18, 2024, with analysts expecting an EPS of $0.53. The company's past earnings performance shows mixed results with both beats and misses compared to estimates, affecting stock prices variably. Shares of Embraer have increased by 55.2% over the last 52 weeks, indicating a positive outlook among long-term shareholders ahead of the earnings announcement.
March 15, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Embraer is expected to announce an EPS of $0.53 in its upcoming earnings report, with a history of mixed stock price reactions to past earnings performances. Shares have seen a significant increase over the past year.
Given Embraer's positive stock performance over the last year and the anticipation of beating the EPS estimate, there is a likely short-term positive impact on ERJ's stock price. However, the mixed historical reaction to earnings reports introduces some uncertainty, hence the confidence score is not at the maximum.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100