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
Embraer made way more money than experts thought it would—they earned $1.22 per share instead of the $0.61 people expected, and sales were bigger too. When a company beats what people guessed by this much, it shows the business is doing really well, which is something to notice when you're learning how companies perform.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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