Embraer S.A. (NYSE:ERJ) is reporting third quarter earnings results on Tuesday 10th November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.45 per share.
For the full year, analysts predict revenues of $ 3469.75 million, while looking forward to loss of $ 2.29 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,500.00 million ~ $ 2,800.00 million
Click Here For More Historical Outlooks Of Embraer S.A.
Previous Quarter Performance
Embraer S.A. outlined loss for the second quarter of $ 1.08 per share, from the revenue of $ 537.20 million. The quarterly revenues fell 60.09 percent compared with the same quarter last year. Wall street analysts are predicting, ERJ to report 2Q20 loss of $ 0.44 per share from revenue of $ 613.05 million. The bottom line results missed street analysts by $ 0.64 or 145.45 percent, at the same time, top line results fell short of analysts by $ 75.85 million or 12.37 percent.
Stock Performance
Shares of Embraer S.A. traded up $ 0.73 or 15.30 percent on Monday, reaching $ 5.50 with volume of 6.26 million shares. Embraer S.A. has traded high as $ 5.57 and has cracked $ 5.27 on the downward trend
According to the previous trading day, closing price of $ 5.50, representing a 20.45 % increase from the 52 week low of $ 3.96 and a 76.43 % decrease over the 52 week high of $ 20.24.
The company has a market capital of $ 1.01 billion and is part of the Industrials sector and Aerospace & Defense industry.
Embraer S.A. designs, develops, manufactures, and sells aircraft and systems in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. It operates through Commercial Aviation, Defense and Security, Executive Jets, Service & Support, and Other segments.
