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Embraer's Q4 Earnings Rise, Revenue Slips; 2024 Revenue Outlook Issued -- Shares Advance Pre-Bell
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Embraer's Q4 Earnings Rise, Revenue Slips; 2024 Revenue Outlook Issued -- Shares Advance Pre-Bell
Mar 18, 2024 6:06 AM

08:41 AM EDT, 03/18/2024 (MT Newswires) -- Embraer ( ERJ ) reported Q4 earnings Monday of about $1.05 per diluted American depositary share, up from about $0.12 a year earlier.

Four analysts polled by Capital IQ expected $0.79.

Revenue for the quarter ended Dec. 31 was $1.98 billion, down from $1.99 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.01 billion.

For 2024, the Brazilian commercial, private, and military aircraft producer said it expects revenue of $6 billion to $6.4 billion. Analysts surveyed by Capital IQ expect $6.23 billion.

Embraer ( ERJ ) shares were up more than 3% in recent Monday premarket activity.

Price: 24.07, Change: +0.74, Percent Change: +3.17

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