|Bid||15.10 x 800|
|Ask||15.87 x 800|
|Day's range||15.54 - 15.97|
|52-week range||7.91 - 16.75|
|Beta (5Y monthly)||1.00|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||28 Dec 2018|
|1y target est||N/A|
Embraer (ERJ) signs a $635 million deal with Malaysia's SKS Airways for supplying 10 E195-E2 Jets.
The head of Brazilian Embraer's planemaking division dismissed concerns that problems at engine supplier Pratt & Whitney would discourage airlines from placing orders and hinted at some order announcements at the upcoming Paris Airshow. "It is definitely a topic in discussions with customers," said Arjan Meijer, chief executive of Embraer Commercial Aviation. The E2 family of jets was launched a decade ago with the new Pratt engines as an upgrade of the E-Jet family of regional jets, while Embraer continues to offer earlier "E1" versions.
Brazilian aircraft manufacturer Embraer voiced "full support" for Pratt & Whitney as it battles durability problems on recent jet engines, but blamed a separate tussle with engine makers for the suspension of a new turboprop plane project. Chief Executive Francisco Gomes Neto told reporters that Raytheon Technologies unit Pratt & Whitney was working hard to overcome premature wear problems grounding some jets.
Textron's (TXT) arm, Textron Aviation, unveils the newest addition to its business jet portfolio, Cessna Citation Ascend.
Embraer (ERJ) signs a $635 million deal with Royal Jordanian Airlines for supplying eight E2 Jets.
Embraer (ERJ) signs a $5 billion deal with NetJets involving 250 Praetor 500 jets.
Embraer's (ERJ) first-quarter revenues improve 53% year over year. The reported figure beats the Zacks Consensus Estimate by 2.2%.
Embraer SA and Saab on Tuesday launched a production line for Gripen fighter jets in Brazil, a move seen strengthening their partnership as the South American country mulls potential new orders for the aircraft. Brazil holds a contract for 36 Gripen jets with Sweden's Saab, but has been considering further increasing that order as the local Air Force has long said more fighters would be necessary to meet its needs.
Embraer (NYSE: ERJ) lost more money in the first quarter of 2023 than it did in the same three months of 2023. Investors reacted poorly to the results, sending shares of the aircraft manufacturer down as much as 10% on Thursday. The first quarter is typically the slowest for Embraer, and 2023 proved to be no exception.
SAO PAULO (Reuters) -Embraer SA widened its net loss in the first quarter from a year ago, driving its shares lower on Thursday despite saying results came in within management expectations for a seasonally weaker period and reaffirming full-year forecasts. The planemaker reported a quarterly adjusted net loss of $88.9 million, larger than the $75.3 million loss seen a year ago, saying it also burnt more cash in the period as it prepares to increase deliveries in the next quarters. "Seasonally weak Q1 was lighter than expected in gross margins and book-bill with larger cash use," analysts at TD Cowen said.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Splunk and NIO are part of the Zacks Bull and Bear of the Day article.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Asbury Automotive Group, General Motors, Embraer, Valero Energy and Toll Brothers are part of the Zacks Value Trader blog.
In honor of Warren Buffett giving a 3-hour interview to CNBC, it's time to look at the top classic value stocks.
Airbus SE hopes to propose partnerships with Brzil's Embraer SA in defense and space in the medium term, its regional executive overseeing those areas told Reuters, saying the two planemakers might complement each other in some ways. Any deal remains distant as negotiations have yet to start, Airbus' head of defense and space in Latin America, Victor De La Vela, said in an interview at the LAAD defense and security exhibition in Rio de Janeiro, but the France-based company does expect to open talks in the future. "One of the goals I have in the medium term is to sit down with Embraer to study areas of collaboration that could benefit both companies and see if we could cooperate," De La Vela said on Thursday.
Brazilian Defense Minister Jose Mucio said late Thursday that countries such as Sweden and Colombia had expressed interest in buying Embraer's KC-390 military cargo aircraft. Mucio said he held nearly 20 bilateral meetings during the LAAD defense and security fair this week and, in some of them, the KC-390 was on the agenda.
Here is how Astronics Corporation (ATRO) and Embraer (ERJ) have performed compared to their sector so far this year.
Sweden's Saab AB is looking to boost sales of its Gripen fighter in Latin America, eyeing potential purchases by Colombia and Peru as it prepares to start producing the aircraft in Brazil in partnership with Embraer SA. Chief executive officer Micael Johansson told Reuters the company hopes the Colombian government will soon reopen procurement for fighter jets, while Peru is seen as a next potential market.
Embraer (ERJ) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Boeing's (BA) first-quarter 2023 delivery numbers rise 36.8% in commercial shipments to reach a total of 130 jets. Boeing beats Airbus by three commercial jets.
Brazilian planemaker Embraer SA aims to sign a deal for the sale of 20 commercial jets to a Chinese airline during President Luiz Inacio Lula da Silva's visit to China this week, two people familiar with the matter told Reuters on Tuesday. The deal would mark a breakthrough for Embraer in China, where it has struggled to find new business since the 2016 closure of a joint venture at a factory in Harbin. That venture with Chinese group Avic, launched in 2003 during Lula's first presidential term, produced a previous generation of regional jets and Legacy 650 executive jets.
Should investors be excited or worried when a stock crosses above the 20-day simple moving average?
Here are five GARP stocks that fit our screening criteria: PVH, DKS, URBN, ERJ and APG.
Embraer (ERJ) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.