Embraer's Q3 Earnings Beat Estimates, Revenues Increase Y/Y

Embraer S.A. (ERJ) reported third-quarter 2024 adjusted earnings of $1.20 per American Depository Share (ADS), which beat the Zacks Consensus Estimate of 28 cents by a massive 328.6%. The bottom line also improved a solid 566.7% from 18 cents reported in the prior-year quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.The company registered quarterly GAAP earnings of 97 cents per ADS compared with 33 cents per ADS in the third quarter of 2023.Embraer’s Total RevenuesRevenues totale ...