Embraer (NYSE:ERJ) Posts Quarterly Earnings Results, Beats Estimates By $0.47 EPS

Embraer (NYSE:ERJGet Free Report) released its earnings results on Thursday. The aerospace company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.47 by $0.47, Zacks reports. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.21 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. Embraer updated its FY 2025 guidance to EPS.

Embraer Stock Down 0.5 %

Shares of NYSE ERJ traded down $0.26 during mid-day trading on Friday, reaching $47.25. The company had a trading volume of 1,023,776 shares, compared to its average volume of 1,387,145. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 1.56. Embraer has a twelve month low of $19.08 and a twelve month high of $48.40. The stock’s 50 day moving average is $40.02 and its 200-day moving average is $36.94. The stock has a market capitalization of $8.68 billion, a PE ratio of 17.37 and a beta of 1.71.

Analysts Set New Price Targets

A number of research firms recently commented on ERJ. Bank of America raised their price objective on shares of Embraer from $40.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. UBS Group cut Embraer from a “neutral” rating to a “sell” rating and raised their target price for the stock from $29.00 to $32.00 in a research report on Tuesday, November 19th. StockNews.com lowered Embraer from a “buy” rating to a “hold” rating in a research report on Saturday, February 22nd. Finally, TD Cowen upgraded Embraer to a “strong-buy” rating in a research report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $40.50.

Check Out Our Latest Report on ERJ

About Embraer

(Get Free Report)

Embraer SA designs, develops, manufactures, and sells aircraft and systems in North America, Latin America, the Asia Pacific, Brazil, Europe, and internationally. The company operates through Commercial Aviation; Defense & Security; Executive Aviation; Services & Support; and Other segments. The Commercial Aviation segment designs, develops, manufactures, and sells commercial jets, as well as leases aircraft.

See Also

Earnings History for Embraer (NYSE:ERJ)

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