Embraer-Empresa Brasileira De Aeronautica SA (ERJ) reported a third-quarter net income of US$57.7 million, equivalent to diluted earnings per ADS of US$0.3188. On average, 5 analysts polled by Thomson Reuters expected earnings per share of $0.47 for the quarter. Analysts' estimate typically excludes one-time items.
Income from operations totaled US$68.0 million in the latest quarter, a 32.3% decrease compared with US$100.5 million recorded for the same period of last year.
Despite a higher number of deliveries, the company recorded net sales of US$1.25 billion, a 19.4% decrease from US$1.55 billion in the year earlier period, basically due to third quarter 2009 product mix, that included 22 Phenom 100 jets delivered. Two analysts estimated revenues of $1.23 billion for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.