ERJ - Embraer S.A.
19.03 0.00 (0.00%)
After hours: 4:17PM EDT
| Previous Close | 18.97 |
| Open | 18.85 |
| Bid | 19.01 x 2900 |
| Ask | 19.50 x 800 |
| Day's Range | 18.80 - 19.07 |
| 52 Week Range | 16.73 - 23.68 |
| Volume | 430,739 |
| Avg. Volume | 630,893 |
| Market Cap | 3.521B |
| Beta (3Y Monthly) | -0.37 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.04 (0.22%) |
| Ex-Dividend Date | 2018-12-28 |
| 1y Target Est | N/A |
- Reuters
UPDATE 1-Workers at Brazil planemaker Embraer could begin strike on Monday -union
The union representing workers at Brazilian planemaker Embraer SA said on Wednesday they had approved a strike that could start next Monday, amid what they described as stalled salary negotiations. The union said it represents close to 8,000 workers at the planemaker's headquarters in the industrial city of Sao Jose dos Campos but added that it did not know how many would participate in the strike. Embraer declined to comment.
- Zacks
Boeing Ups 20-Year Projection for Jet Demand in China by 5.2%
Boeing (BA) continues to expect single-aisle jets to be the key demand driver for commercial jets in China, comprising 74% of the total projection.
- Reuters
Embraer delivers new jet that Boeing may soon sell against Airbus
Embraer hopes to see more orders for its newest passenger plane by the end of the year, an executive said on Thursday, as Boeing readies to take over the Brazilian planemaker's commercial jets division in what could mark the next phase of its rivalry with Airbus . Manufacture of the E195-E2, as Embraer's plane is known, will soon be controlled by Boeing, which needs regulatory approval to close on the deal to buy 80% of Embraer's commercial jets division for $4.2 billion. Embraer on Thursday delivered its first E195-E2 plane, which will seat about 140, to Brazil's No. 3 airline Azul at its headquarters in Sao Paulo state.
- Motley Fool
Embraer Delivers Its First KC-390 Jet to the Brazilian Air Force
After weighing on Embraer's profit in recent years, the KC-390 military jet could drive substantial earnings growth for the company over the next five years and beyond.
- American City Business Journals
Alaska Air Group boosts Boeing-Embraer partnership with aircraft maintenance deal
Alaska Air Group's Horizon Air unit and Boeing's future partner Embraer have signed a deal for the Brazilian jet maker to provide all heavy maintenance for Horizon's 30 E175 regional jets. The maintenance will be provided to Horizon at Embraer's Aircraft Maintenance Services facility in Nashville, Tennessee, under a multi-year agreement that includes airframe work, modifications and repair services.
- Moody's
Triumph Group, Inc. -- Moody's assigns B3 rating to Triumph Group's new second lien notes; affirms Caa1 CFR, outlook stable
Moody's Investors Service ("Moody's") assigned a B3 rating to Triumph Group, Inc's. ("Triumph"), new second lien notes due 2024 and affirmed its other ratings including the Caa1 Corporate Family (CFR), the Caa1-PD Probability of Default, and the Caa2 senior unsecured. Proceeds from the second lien notes will be used to pay off Triumph's senior unsecured notes due 2021 and to reduce borrowings on the revolving credit facility.
- Yahoo Finance
Airlines worry FAA trust issues will further delay the new Boeing 777X
As the Boeing 737 MAX’s groundings extend deep into December, some airlines are beginning to worry that the regulatory problems may broaden to the 777X, possibly delaying deliveries.
- Thomson Reuters StreetEvents
Edited Transcript of EMBR3.SA earnings conference call or presentation 14-Aug-19 1:30pm GMT
Q2 2019 Embraer SA Earnings Call
- Zacks
Embraer (ERJ) Reports Adjusted Loss in Q2, Revenues Up Y/Y
Embraer (ERJ) delivers 51 jets in the second quarter of 2019, up 6.25% year over year.
- Motley Fool
Embraer Shows Modest Signs of Progress in Q2
The Brazilian aerospace company posted another quarterly loss, but it is seeing strong demand for its new Praetor-series executive jets, and it recently bagged its first export order for the KC-390 multimission military jet.
Motley FoolEmbraer S.A. (ERJ) Q2 2019 Earnings Call Transcript
ERJ earnings call for the period ending June 30, 2019.
- Reuters
UPDATE 3-Brazil's Embraer posts small profit, but 2019 outlook still dim
Brazilian planemaker Embraer on Wednesday swung to a $7.2 million profit in the second quarter as higher revenue at its executive jets business offset lower commercial jet sales, but still played down hopes of turning a profit in 2019. The company had reported a quarterly loss of $131 million a year earlier, impacted by a runway incident that delayed development of a new military plane. The profit in the three months through Junes was better than the Refinitiv consensus estimate of a $29 million loss.
- American City Business Journals
Airbus wins Air France deal as Boeing borrows $4.5B for Embraer takeover
The A220 deal emerged after Boeing turned to the bond markets late Monday to help pay for its takeover of Embraer.
- Reuters
Brazil Embraer's deliveries of commercial jets continue to fall in second quarter
Brazil planemaker Embraer delivered 26 commercial planes in the second quarter of 2019, down from 28 planes in the same period of 2018 and 35 in 2017, the company said in a securities filing on Tuesday. Embraer has been struggling to turn a profit in recent months, as demand for its executive jets remains weak and its new generation commercial planes have not met certain requirements to be flown by the larger carriers in the United States. Deliveries of executive jets rose slightly to 22 planes from 20 planes a year earlier.
- Reuters
Papua New Guinea's Air Niugini developing fleet replacement plan for its 25 planes
Papua New Guinea's Air Niugini is looking to replace its entire fleet of 25 planes in the coming years and has sought information from manufacturers and lessors about options before launching a formal tender, its managing director said on Friday. "Everything is on the table at the moment," Managing Director Alan Milne, a former Qantas Airways Ltd executive who took on the role in November, told Reuters in a phone interview. Two are meant to replace two 737 NG series planes in operation, but the need for the other two is unclear and they could be switched to Boeing widebodies or Embraer SA regional jets once Boeing's deal to buy 80% of the Brazilian planemaker's commercial division closes, Milne said.
- Zacks
Buy Boeing (BA) Stock Ahead of Q2 Earnings Report?
Boeing (BA) is a company that had a solid first couple of months at the beginning of 2019.
- Reuters
UPDATE 1-Portugal to buy five Embraer military planes for 827 mln euros
Portugal's government will buy five KC-390 military transport aircraft and a flight simulator from Brazilian aerospace company Embraer for 827 million euros ($932 million), Defence Minister Joao Gomes Cravinho said on Thursday. The first of the five planes will be delivered to the Portuguese armed forces in February 2023, with the rest arriving by February 2027. Portugal's armed forces have used C-130 Hercules made by Lockheed Martin for 40 years.
- Zacks
Will Boeing (BA) Lose the Largest Jet Maker Title to Airbus?
Boeing (BA) reports 239 commercial plane deliveries compared with 389 for Airbus at the end of the first half of 2019.
- Moody's
Triumph Group, Inc. -- Moody's downgrades Triumph Group, Inc. ratings: CFR to Caa1, outlook stable
Moody's Investors Service ("Moody's") downgraded its ratings of Triumph Group, Inc. ("Triumph"), including the Corporate Family Rating (CFR) to Caa1 from B3, Probability of Default Rating to Caa1-PD from B3-PD and senior unsecured to Caa2 from Caa1. Moody's also upgraded the Speculative Grade Liquidity (SGL) rating to SGL-3 from SGL-4. The downgrades reflect Moody's expectations of limited cash generation, weak credit metrics and a sustained reliance on external financing over the next few years.
- Zacks
Saudi Airline Picks A320 Over 737 MAX: Is Boeing in Trouble?
Flyadeal picks Airbus A320 Neo jets over Boeing's (BA) 737 MAX 8. This replaces the $5.9 billion-agreement signed last December for 50 737 Max 8 jets.
- Motley Fool
Bombardier Sells Its Final Commercial Aircraft Program
Mitsubishi Heavy Industries will buy the remnants of the CRJ regional jet program in order to gain control of Bombardier's global sales, service, and support networks.
- American City Business Journals
After opening its Renton HQ, Mitsubishi buys Bombardier jet program
After opening a new headquarters in Renton in May and rebranding its MRJ as the new "The SpaceJet," Mitsubishi Aircraft makes a $550 million move to bolster Japan's first commercial jet, which is being flight tested in Washington.
