Embraer (ERJ) Tops Q2 EPS by 33c; offers guidance

Embraer (NYSE: ERJ) reported Q2 EPS of $0.54, $0.33 better than the analyst estimate of $0.21. Revenue for the quarter came in at $1.49 billion versus the consensus estimate of $1.42 billion.

GUIDANCE

2024 Guidance reiterated: Management believes current estimates are valid and represent evenly balanced opportunities and risks for full year operations. Commercial Aviation deliveries between 72 and 80 aircraft, and Executive Aviation deliveries between 125 and 135. Total company revenues in the US$6.0-6.4 billion range, Adjusted EBIT margin between 6.5% and 7.5%, and Adjusted free cash flow of US$220 million or higher.

For earnings history and earnings-related data on Embraer (ERJ) click here.

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