Embraer S.A. (ERJ) reported fourth-quarter 2023 adjusted earnings of 42 cents per American Depository Share (ADS), which beat the Zacks Consensus Estimate of 27 cents by 55.6%. The bottom line also came in higher than 18 cents reported in the prior-year quarter.The company reported quarterly GAAP earnings of $1.05 per ADS compared with 33 cents reported in fourth-quarter 2022.For 2023, the company reported adjusted earnings of 43 cents per ADS compared with 21 cents recorded in 2022.Total RevenuesEmbraer’s ...

Embraer S.A. (NYSE:ERJ) Q4 2023 Earnings Conference Call March 18, 2024 8:00 AM ET Company Participants Guilherme Paiva - Head of Investor Relations Francisco Gomes Neto - President and Chief Executive Officer Antonio Carlos Garcia - Executive Vice President, Financial and Investor Relations Conference Call Participants Marcelo Motta - JPMorgan Victor Mizusaki - Bradesco BBI Gabriel Rezende - Itau BBA Myles Walton - Wolfe Research Cai Von Rumohr - Cowen Jordan Lyonnais - Bank of America Jay Singh - Citi Luc ...

For the quarter ended December 2023, Embraer (ERJ) reported revenue of $1.98 billion, down 0.8% over the same period last year. EPS came in at $0.42, compared to $0.24 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.21 billion, representing a surprise of -10.76%. The company delivered an EPS surprise of +55.56%, with the consensus EPS estimate being $0.27.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

SÃO PAULO, March 18, 2024 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its FOURTH Quarter 2023 AND FISCAL YEAR 2023 Earnings Results. HIGHLIGHTS Embraer delivered 75 jets in 4Q23, of which 25 were commercial aircraft, 49 were executive jets (30 light and 19 medium) and 1 was a military C-390. In 2023, the company delivered a total of 181 jets, of which 64 were commercial aircraft, 115 were executive jets (74 light and 41 medium) and 2 were military C-390. Embraer's deliveries increased 13% ...

VELIZY-VILLACOUBLAY, France--(BUSINESS WIRE)--Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) and Embraer (NYSE: ERJ; B3: EMBR3) announced today that Dassault Systèmes’ simulation technology has been utilized to simulate, analyze and test virtually Eve Air Mobility’s (NYSE: EVEX) electric vertical take-off and landing (eVTOL) aircraft. Dassault Systèmes’ SIMULIA PowerFLOW application has provided robust and industry-proven fluid dynamics simulation to predict real-world operating conditions, all ...

The upcoming report from Embraer (ERJ) is expected to reveal quarterly earnings of $0.27 per share, indicating an increase of 12.5% compared to the year-ago period. Analysts forecast revenues of $2.21 billion, representing an increase of 11.1% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earnings release, it is of ut ...

Photofex/iStock Editorial via Getty Images In September 2022, I put a buy rating on Embraer (NYSE:ERJ) stock and that rating has worked out quite well so far as the stock has appreciated 72% compared to a 25% gain for the broader markets. Since my last report, in which I marked ERJ stock a strong buy, the has gained around 13% which is in line with the broader market performance. In this report, I will be revisiting Embraer stock, and the main reason for that is that Embraer posted 2023 delivery numbers tha ...

The outlook for flying car stocks continues to be bright. Leading names in the space grew rapidly throughout 2023. Joby Aviation (NYSE:JOBY) doubled in price, while Archer Aviation (NYSE:ACHR) nearly tripled. Some forecasts anticipate 2024 will be as strong or stronger with 55% growth. Yet, every fledgling industry primed for rapid growth always suffers the same sort of progression whereby entrants come and go rapidly. The two companies mentioned immediately above are focused and have managed to attract the ...

Executive Aviation posted the largest delivery volume in 7 years C-390 was selected by South Korea, which reinforced sales momentum E2 deliveries more than doubled to 39 jets in 2023 Executive and Commercial Aviation book-to-bill in excess of 1:1 Services & Support backlog reached US$3.1 billion - the highest ever recorded SÃO JOSÉ DOS CAMPOS, Brazil, Jan. 30, 2024 /PRNewswire/ -- Embraer (NYSE: ERJ; B3: EMBR3) delivered 75 aircraft in 4Q23, with 49 executive jets (30 light and 19 medium), 25 commercial ...

Embraer S.A. (NYSE:ERJ) Q3 2023 Earnings Conference Call November 6, 2023 8:00 AM ET Company Participants Francisco Gomes Neto - President and CEO Antonio Carlos Garcia - Chief Financial Officer Leonardo Shinohara - Director, Investor Relations Conference Call Participants Noah Poponak - Goldman Sachs Filipe Nielsen - Citi Ron Epstein - Bank of America Andre Ferreira - Bradesco BBI The numbers of this presentation contain non-GAAP financial information to facilitate investors to reconcile EveÂ's financial i ...