|Bid||12.70 x 1800|
|Ask||12.95 x 1200|
|Day's Range||12.03 - 12.84|
|52 Week Range||3.96 - 12.84|
|Beta (5Y Monthly)||0.82|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 28, 2018|
|1y Target Est||N/A|
Embraer's (ERJ) Q1 revenues increase 27.4% year over year due to growth in the Commercial Aviation, Defense & Security and Executive Aviation segments.
Planemaker Embraer SA on Thursday said it had signed a firm order for 30 new E195-E2 jets, a milestone for the company after selling virtually no commercial planes so far during the coronavirus pandemic. Embraer also said it narrowed its losses to $90 million in the first quarter, compared to a loss of almost $300 million a year ago, thanks to higher deliveries of commercial aircraft as pandemic pressures ease. Until now, Embraer had only been able to secure firm orders for two commercial aircraft during the epidemic, a sign of how it has eroded future travel demand.
Brazilian planemaker Embraer SA said it delivered 22 jets in the first quarter, up from 14 jets a year ago when the pandemic was beginning to erode air travel demand, but cutting into its backlog, which measures future revenue. Embraer, the world's No. 3 planemaker, has been deeply challenged by the pandemic, along with its larger competitors Boeing Co and Airbus SE. While Embraer executives have said repeatedly that clients have not canceled jet orders due to the pandemic, the planemaker is struggling to secure new orders for its commercial jets.