Brazilian planemaker Embraer's profit falls 10 percent

Reuters

SAO PAULO, Oct 31 (Reuters) - Brazil's Embraer SA, the world's third-largest commercial planemaker,said on Thursday that third-quarter earnings fell 10 percentfrom a year earlier to 118.7 million reais ($54 million),according to a securities filing.

Analysts on average had forecast a profit of $75 million ina Reuters survey published on Wednesday. Analysts gave theirestimates in U.S. dollars, but Embraer initially reportedearnings in Brazilian reais.

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