Embraer (NYSE:ERJ) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Embraer missed estimated earnings by 4740.0%, reporting an EPS of $-0.484 versus an estimate of $-0.01.
Revenue was up $115.80 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.1 which was followed by a 4.27% increase in the share price the next day.
Here’s a look at Embraer’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.330 | 0.090 | -0.09 | -0.13 |
| EPS Actual | 0.235 | 0.133 | 0.21 | -0.43 |
| Revenue Estimate | 1.99B | 1.15B | 1.25B | 869.79M |
| Revenue Actual | 1.99B | 929.00M | 1.02B | 600.90M |
To track all earnings releases for Embraer visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
