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Embraer: Q2 Earnings Snapshot

SAO JOSE DOS CAMPOS, Brazil (AP) — SAO JOSE DOS CAMPOS, Brazil (AP) — Embraer SA (EMBJ) on Monday reported second-quarter earnings of $212.6 million.

On a per-share basis, the Sao Jose Dos Campos, Brazil-based company said it had profit of $1.19. Earnings, adjusted for non-recurring costs, were $1.22 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share.

The plane and jet manufacturer posted revenue of $2.24 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $2.05 billion.

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This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/EMBJ

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