• Embraer SA EMBJ.N reported quarterly adjusted earnings of 28 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.20. The mean expectation of seven analysts for the quarter was for earnings of 51 cents per share. Wall Street expected results to range from 40 cents to 62 cents per share.

• Revenue rose 18.4% to $2.00 billion from a year ago; analysts expected $1.95 billion.

• Embraer SA's reported EPS for the quarter was 64 cents​.

• The company reported quarterly net income of $116.6 million.

• Embraer SA shares had risen by 7.0% this quarter and gained 76.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.6% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"

• Wall Street's median 12-month price target for Embraer SA is $67.00, about 3.5% above its last closing price of $64.67

This summary was machine generated from LSEG data November 4 at 04:48 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)