SAO PAULO, Nov 8 (Reuters) - Brazilian planemaker

Embraer's ( ERJ ) raised its projected adjusted earnings

before interest and taxes (EBIT) margin for 2024 to between 9%

and 10%, from 6.5%-7.5% before, it said on Friday in a

securities filing, while it also saw a jump in third-quarter

results.

In its updated guidance, world's third-largest planemaker

behind Airbus and Boeing ( BA ) also bumped up its free

cash flow guidance for this year to $300 million or higher, from

at least $220 million previously expected.

The company lowered its guidance for this year's commercial

aircraft deliveries to between 70 to 73, from 72 to 80

previously estimated.

"We expect a positive reaction to the new guidance due to

the increase in profitability and FCF," JPMorgan analysts said

in a report to clients.

Embraer ( ERJ ) said in a separate securities filing on Friday that

its third-quarter adjusted net profit in dollars jumped to $221

million, up from $32.9 million a year earlier.

The result was also much higher than the $74.8 million net

profit expected by analysts polled by LSEG.

Embraer ( ERJ ) said the much higher than expected adjusted net

profit excluded extraordinary effects such as $50.8 million

spent in deferred taxes and a $8.6 million loss in its unit

Eve's results.

Adjusted earnings before interest, taxes, depreciation and

amortization (EBITDA) rose to $356.6 million from $149.3 million

a year earlier, beating the $162 million expected by analysts.

Embraer's ( ERJ ) net revenue jumped to $1.69 billion in the third

quarter, from $1.28 billion a year earlier.

"There was solid performance by Defense & Security and

Executive Aviation, whose revenues increased both 65%

year-on-year," the company said.

($1 = 5.6923 reais)