Zacks Research Issues Optimistic Estimate for ERJ Earnings

Key Points

• Zacks Research raised its Q3 2026 earnings per share (EPS) estimate for Embraer to $0.77, up from $0.70, while maintaining a "Hold" rating on the stock.
• The company had a disappointing Q2 2026, reporting an EPS of ($0.02), which missed analysts' expectations of $0.47 by a wide margin.
• Goldman Sachs and Bank of America both upgraded their target prices on Embraer, indicating a positive sentiment with "buy" ratings and price targets of $67.00 and $65.00 respectively.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Free Report) - Equities researchers at Zacks Research lifted their Q3 2026 earnings per share (EPS) estimates for shares of Embraer-Empresa Brasileira de Aeronautica in a report issued on Monday, October 13th. Zacks Research analyst Team now expects that the aerospace company will earn $0.77 per share for the quarter, up from their prior forecast of $0.70. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Embraer-Empresa Brasileira de Aeronautica's current full-year earnings is $2.04 per share. Zacks Research also issued estimates for Embraer-Empresa Brasileira de Aeronautica's Q4 2026 earnings at $0.91 EPS, FY2026 earnings at $3.00 EPS, Q1 2027 earnings at $0.56 EPS, Q2 2027 earnings at $0.26 EPS, Q3 2027 earnings at $1.08 EPS and FY2027 earnings at $3.10 EPS.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) last announced its earnings results on Tuesday, August 5th. The aerospace company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.47 by ($0.49). Embraer-Empresa Brasileira de Aeronautica had a net margin of 5.43% and a return on equity of 13.38%. The business had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.67 billion. During the same period in the previous year, the company earned $0.44 earnings per share. Embraer-Empresa Brasileira de Aeronautica has set its FY 2025 guidance at EPS.

A number of other brokerages have also issued reports on ERJ. The Goldman Sachs Group upped their target price on Embraer-Empresa Brasileira de Aeronautica from $60.00 to $67.00 and gave the company a "buy" rating in a research report on Thursday, August 7th. Bank of America boosted their price target on Embraer-Empresa Brasileira de Aeronautica from $55.00 to $65.00 and gave the company a "buy" rating in a report on Thursday, September 11th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Embraer-Empresa Brasileira de Aeronautica in a report on Wednesday, October 8th. UBS Group boosted their price target on Embraer-Empresa Brasileira de Aeronautica from $39.00 to $44.00 and gave the company a "sell" rating in a report on Friday, August 15th. Finally, Wall Street Zen downgraded Embraer-Empresa Brasileira de Aeronautica from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $59.40.

Embraer-Empresa Brasileira de Aeronautica Stock Performance

Shares of ERJ opened at $57.78 on Tuesday. The business's 50 day moving average is $58.03 and its two-hundred day moving average is $52.14. Embraer-Empresa Brasileira de Aeronautica has a 52-week low of $32.26 and a 52-week high of $62.09. The firm has a market cap of $10.61 billion, a price-to-earnings ratio of 28.19, a PEG ratio of 3.39 and a beta of 1.82. The company has a quick ratio of 0.60, a current ratio of 1.33 and a debt-to-equity ratio of 0.58.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rexford Capital Inc. acquired a new position in Embraer-Empresa Brasileira de Aeronautica during the 2nd quarter valued at approximately $203,000. AlpenGlobal Capital LLC acquired a new position in Embraer-Empresa Brasileira de Aeronautica during the 2nd quarter worth $1,115,000. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Embraer-Empresa Brasileira de Aeronautica during the 2nd quarter worth $336,000. Ameriprise Financial Inc. boosted its position in Embraer-Empresa Brasileira de Aeronautica by 1.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 803,640 shares of the aerospace company's stock worth $45,735,000 after acquiring an additional 12,131 shares during the period. Finally, NewEdge Advisors LLC boosted its position in Embraer-Empresa Brasileira de Aeronautica by 99.2% during the 2nd quarter. NewEdge Advisors LLC now owns 16,795 shares of the aerospace company's stock worth $956,000 after acquiring an additional 8,365 shares during the period. Institutional investors and hedge funds own 34.65% of the company's stock.

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.

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