CORRECTION: Embraer Q2 Adj. EPADS $1.22 Beats $0.61 Estimate, Sales $2.235B Beat $2.050B Estimate
Embraer (NYSE:EMBJ) reported quarterly earnings of $1.22 per share which beat the analyst consensus estimate of $0.61 by 100 percent. This is a 4166.67 percent increase over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $2.235 billion which beat the analyst consensus estimate of $2.050 billion by 9.02 percent. This is a 22.87 percent increase over sales of $1.819 billion the same period last year.
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