Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) Posts Quarterly Earnings Results, Misses Expectations By $0.49 EPS

Key Points

• Embraer reported a quarterly earnings per share (EPS) of ($0.02), missing analysts' expectations by ($0.46).
• The company's FY 2025 guidance has been updated, although specific figures were not disclosed.
• Shares of Embraer fell to $57.32 after trading down $0.50 during the announcement.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) released its quarterly earnings data on Tuesday. The aerospace company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of $0.47 by ($0.49), Zacks reports. Embraer-Empresa Brasileira de Aeronautica had a return on equity of 13.38% and a net margin of 5.43%. The firm had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same quarter in the prior year, the company posted $0.44 EPS. Embraer-Empresa Brasileira de Aeronautica updated its FY 2025 guidance to EPS.

Embraer-Empresa Brasileira de Aeronautica Stock Performance

Embraer-Empresa Brasileira de Aeronautica stock traded up $0.38 during mid-day trading on Friday, hitting $58.33. 1,704,190 shares of the company's stock traded hands, compared to its average volume of 2,884,110. The firm has a 50 day simple moving average of $52.89 and a two-hundred day simple moving average of $48.28. Embraer-Empresa Brasileira de Aeronautica has a fifty-two week low of $29.91 and a fifty-two week high of $61.65. The stock has a market cap of $10.71 billion, a price-to-earnings ratio of 28.45 and a beta of 1.76. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.33 and a quick ratio of 0.59.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Embraer-Empresa Brasileira de Aeronautica stock. Jones Financial Companies Lllp lifted its position in shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Free Report) by 98.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,508 shares of the aerospace company's stock after purchasing an additional 747 shares during the period. Jones Financial Companies Lllp's holdings in Embraer-Empresa Brasileira de Aeronautica were worth $70,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 34.65% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Hsbc Global Res upgraded Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 4th. Wolfe Research upgraded shares of Embraer-Empresa Brasileira de Aeronautica from a "peer perform" rating to an "outperform" rating and set a $64.00 price objective for the company in a research note on Thursday, July 31st. HSBC upgraded shares of Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $45.00 to $57.00 in a research note on Wednesday, June 4th. Wall Street Zen downgraded shares of Embraer-Empresa Brasileira de Aeronautica from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, The Goldman Sachs Group raised their price objective on shares of Embraer-Empresa Brasileira de Aeronautica from $60.00 to $67.00 and gave the stock a "buy" rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $53.83.

About Embraer-Empresa Brasileira de Aeronautica

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