Wall Street brokerages predict that Embraer SA (NYSE:ERJ) will post earnings per share of ($0.18) for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Embraer’s earnings, with the lowest EPS estimate coming in at ($0.33) and the highest estimate coming in at ($0.02). Embraer reported earnings of ($0.04) per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 350%. The business is expected to announce its next quarterly earnings report on Thursday, March 12th.

According to Zacks, analysts expect that Embraer will report full year earnings of ($0.83) per share for the current fiscal year, with EPS estimates ranging from ($1.00) to ($0.69). For the next financial year, analysts expect that the business will report earnings of $0.50 per share, with EPS estimates ranging from $0.44 to $0.55. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Embraer.

Embraer (NYSE:ERJ) last announced its quarterly earnings results on Tuesday, November 12th. The aerospace company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.08). Embraer had a negative return on equity of 3.36% and a negative net margin of 2.59%. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the company posted $0.03 earnings per share. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis.

A number of analysts recently weighed in on ERJ shares. Cowen reaffirmed a “hold” rating and set a $22.00 price target on shares of Embraer in a research report on Tuesday, November 12th. UBS Group reaffirmed a “buy” rating and set a $21.00 price target (down from $23.00) on shares of Embraer in a research report on Thursday, November 14th. Finally, Zacks Investment Research cut shares of Embraer from a “strong-buy” rating to a “hold” rating and set a $19.00 price target for the company. in a research report on Wednesday, October 16th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $22.70.

Embraer stock traded down $0.01 during trading on Friday, reaching $18.49. 523,153 shares of the company’s stock were exchanged, compared to its average volume of 766,224. The company’s 50-day moving average is $17.37 and its two-hundred day moving average is $18.46. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.14 and a current ratio of 2.10. Embraer has a 52-week low of $15.86 and a 52-week high of $23.68. The firm has a market cap of $3.31 billion, a price-to-earnings ratio of -61.63 and a beta of -0.09.

Large investors have recently bought and sold shares of the business. Stevens Capital Management LP boosted its position in Embraer by 17.4% in the 2nd quarter. Stevens Capital Management LP now owns 23,950 shares of the aerospace company’s stock valued at $482,000 after buying an additional 3,542 shares during the last quarter. Aperio Group LLC boosted its position in Embraer by 82.0% in the 2nd quarter. Aperio Group LLC now owns 82,590 shares of the aerospace company’s stock valued at $1,663,000 after buying an additional 37,217 shares during the last quarter. Atria Investments LLC purchased a new position in Embraer in the 2nd quarter valued at about $3,344,000. Congress Park Capital LLC boosted its position in Embraer by 76.6% in the 2nd quarter. Congress Park Capital LLC now owns 133,075 shares of the aerospace company’s stock valued at $2,743,000 after buying an additional 57,700 shares during the last quarter. Finally, Brandes Investment Partners LP boosted its position in Embraer by 0.5% in the 2nd quarter. Brandes Investment Partners LP now owns 20,024,471 shares of the aerospace company’s stock valued at $407,221,000 after buying an additional 92,637 shares during the last quarter. 44.80% of the stock is owned by institutional investors.

Embraer Company Profile

Embraer SA designs, develops, manufactures, and sells aircraft and systems in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. It operates through Commercial Aviation, Defense and Security, Executive Jets, Service & Support, and Other segments. The Commercial Aviation segment develops, produces, and sells commercial jets; and provides support services, as well as leases aircraft.

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