An announcement from Embraer SA ( (ERJ) ) is now available.
For the nine-month period ending September 30, 2024, Embraer SA reported a significant increase in revenue to $4,083.2 million compared to $3,293.4 million in 2023, driven by growth across its commercial, executive, and defense aviation segments. The company achieved a gross profit of $723.5 million, reflecting improved operational performance, though it still reported an operating expense of $314.3 million, highlighting ongoing challenges amidst increased market competition.
More about Embraer SA
Embraer SA is a Brazilian aerospace company that produces commercial, executive, and defense aircraft, along with providing services and support. The company operates globally with a focus on innovation and efficiency in the aviation industry.
YTD Price Performance: 5.17%
Average Trading Volume: 1,071,674
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.58B
See more insights into ERJ stock on TipRanks’ Stock Analysis page.