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 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.