Embraer-Empresa Brasileira DE Aeronautica Misses
Embraer-Empresa Brasileira DE Aeronautica (ERJ) reported a 1st Quarter March 2021 loss of $0.52 per share on revenue of $807.3 million. The consensus estimate was a loss of $0.33 per share on revenue of $782.9 million. The Earnings Whisper number was for a loss of $0.29 per share. Revenue grew 27.4% on a year-over-year basis.
Embraer S.A. is a manufacturer of commercial aircraft. Its commercial aviation business, includes aviation-related services. The Company designs, develops and manufactures a variety of commercial aircraft.