Embraer Delivered 57 Aircraft In Q3 Versus 43 YoY And Reached A New $22.7B Backlog Record, Up More Than 25% Annually And At A 9-Year High Level
Portfolio Pulse from Benzinga Newsdesk
Embraer delivered 57 aircraft in Q3 2024, a 33% increase from the previous year, and reached a $22.7 billion backlog, the highest in 9 years. The Defense & Security backlog soared by almost 70%.
October 18, 2024 | 10:50 pm
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Embraer delivered 57 aircraft in Q3 2024, a 33% increase from the previous year, and reached a $22.7 billion backlog, the highest in 9 years. The Defense & Security backlog soared by almost 70%.
The significant increase in aircraft deliveries and the record-high backlog indicate strong demand and operational efficiency, likely boosting investor confidence and positively impacting ERJ's stock price in the short term.
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