Embraer (ERJ) Reports Q1 Earnings: What Key Metrics Have to Say

Embraer (ERJ) reported $896.6 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 25.1%. EPS of -$0.07 for the same period compares to -$0.48 a year ago.The reported revenue represents a surprise of +1.44% over the Zacks Consensus Estimate of $883.92 million. With the consensus EPS estimate being -$0.12, the EPS surprise was +41.67%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...