Embraer SA (ERJ) revealed earnings for second quarter that Drops, from last year
The company's bottom line totaled $78.6 million, or $0.107 per share. This compares with $99.4 million, or $0.135 per share, last year.
The company's revenue for the period rose 21.8% to $1.819 billion from $1.494 billion last year.
Embraer SA earnings at a glance (GAAP) :
-Earnings: $78.6 Mln. vs. $99.4 Mln. last year.-EPS: $0.107 vs. $0.135 last year.-Revenue: $1.819 Bln vs. $1.494 Bln last year.
Net income per ADS was $0.428, less than $0.541 per ADS a year ago.
Excluding items, loss stood at $4.7 million as against last year’s profit of $80.4 million.
Looking ahead, for the full year, the company has reaffirmed its revenue outlook of $7 billion to $7.5 billion.
On average, 14 analysts polled forecast Embraer to post revenue of $7.37 billion for the year. Analysts’ estimates typically exclude special items.
Embraer still anticipates to report annual adjusted EBIT margin of 7.5% to 8.3%.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.