Brazilian aircraft manufacturer Embraer-Empresa Brasileira De Aeronautica SA (ERJ) reported second-quarter net income of US$54.3 million or US$0.2996 per basic ADS, compared to US$96.4 million or US$0.5328 per basic ADS in the prior-year quarter.
Excluding items, adjusted net income for the quarter rose to US$186.5 million from US$120.1 million in the comparable quarter last year.
Revenues for the quarter increased to US$1.72 billion from US$1.36 billion in the same quarter last year.
On average, analysts polled by Thomson Reuters projected earnings of US$0.60 per share and sales of US$1.59 billion for the quarter. Analysts' estimates typically exclude one-time items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.