Embraer: Q2 Earnings Insights

Shares of Embraer (NYSE:ERJ) moved higher by 4.1% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 122.22% over the past year to $0.24, which beat the estimate of ($0.28).

Revenue of $1,131,000,000 rose by 110.54% from the same period last year, which beat the estimate of $902,130,000.

Looking Ahead

The upcoming fiscal year's revenue expected to be between $4,000,000,000 and $4,500,000,000.

How To Listen To The Conference Call

Date: Aug 13, 2021

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fesgflightplan.splashthat.com%2F&eventid=3331614&sessionid=1&key=26D432C31CCFC03A77280D73BE541248&regTag=&V2=false&sourcepage=register

Technicals

Company's 52-week high was at $16.97

Company's 52-week low was at $3.96

Price action over last quarter: Up 38.28%

Company Profile

Embraer SA based in Sao Paulo, Brazil, Embraer manufactures regional aircraft, business jets, and defense and security products. The company also offers a range of services to support its installed base of hardware. Its defense and security business is currently focused on developing the KC-390 military transport aircraft. The company also produces aircraft systems and structural components. It operates through the following segments; Commercial Aviation; Defense and Security; Executive Jets and Service and Support. The company generates maximum revenue from Commercial Aviation segment.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.