Embraer (ERJ) to Release Quarterly Earnings on Thursday

Embraer (NYSE:ERJ) is expected to issue its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.47 per share and revenue of $2.21 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Embraer Stock Up 0.8 %

Shares of NYSE:ERJ opened at $41.55 on Tuesday. Embraer has a 12 month low of $18.16 and a 12 month high of $46.10. The firm has a market cap of $7.63 billion, a P/E ratio of 15.28 and a beta of 1.71. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 0.74. The company’s 50-day moving average price is $39.54 and its two-hundred day moving average price is $36.75.

Wall Street Analysts Forecast Growth

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

About Embraer

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.