Embraer ERJ will release its quarterly earnings report on Friday, 2024-11-08. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Embraer to report an earnings per share (EPS) of $0.42.
Investors in Embraer are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Performance in Previous Earnings
Last quarter the company beat EPS by $0.22, which was followed by a 4.34% increase in the share price the next day.
Here's a look at Embraer's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.220 | -0.16 | 0.61 | 0.150 |
EPS Actual | 0.438 | -0.07 | 0.42 | 0.179 |
Price Change % | 4.0% | -1.0% | 7.000000000000001% | -1.0% |
Tracking Embraer's Stock Performance
Shares of Embraer were trading at $35.56 as of November 06. Over the last 52-week period, shares are up 127.8%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Embraer visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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