ERJ - Embraer S.A.
21.80 +0.01 (0.05%)
After hours: 4:23PM EST
| Previous Close | 22.80 |
| Open | 22.25 |
| Bid | 21.50 x 1200 |
| Ask | 22.53 x 3000 |
| Day's Range | 21.70 - 22.32 |
| 52 Week Range | 17.99 - 28.55 |
| Volume | 1,818,013 |
| Avg. Volume | 999,511 |
| Market Cap | 3.97B |
| Beta (3Y Monthly) | -0.96 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.73 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.04 (0.18%) |
| Ex-Dividend Date | 2018-12-28 |
| 1y Target Est | 25.82 |
- Investor's Business Daily•yesterday
Boeing Just Scored This Multibillion-Dollar Deal With United Airlines
Boeing has inked a deal worth up $4 billion to supply United Airlines with 24 737 Max aircraft and four 777-300ER jetliners.
- Flightglobal•yesterday
ANALYSIS: Embraer misses 2018 targets but upbeat on E2 sales
Embraer has missed companywide revenue and operating margin targets for 2018 following last year's runway excursion involving the KC-390, but the manufacturer's commercial aircraft division holds renewed optimism over E-Jet E2 sales this year ahead of launching a joint venture with Boeing.
- Reuters•yesterday
Embraer warns of little or no profit in next two years
Brazilian planemaker Embraer SA (EMBR3.SA) said on Wednesday it expects to keep $1 billion in cash after paying off all of its debt once a proposed $4.2 billion deal with Boeing Co (BA.N) closes, although it warned of little or no profit in the next two years. Embraer expects earnings to break even before paying interest expenses and taxes in 2019, which UBS analysts said "falls below expectations." The measure, known as EBIT, is expected to rise to between 2 percent and 5 percent of revenue in 2020, the company said in a securities filing. In 2018, Embraer failed to meet several of its projections, coming up at least $250 million short of its revenue forecast in its executive jet division and $200 million short in its defense division.
- Reuters•yesterday
Embraer warns of little or no profit in next two years
Brazilian planemaker Embraer SA (EMBR3.SA) said on Wednesday it expects to keep $1 billion in cash after paying off all of its debt once a proposed $4.2 billion deal with Boeing Co (BA.N) closes, although it warned of little or no profit in the next two years. Embraer expects earnings to break even before paying interest expenses and taxes in 2019, which UBS analysts said "falls below expectations." The measure, known as EBIT, is expected to rise to between 2 percent and 5 percent of revenue in 2020, the company said in a securities filing. In 2018, Embraer failed to meet several of its projections, coming up at least $250 million short of its revenue forecast in its executive jet division and $200 million short in its defense division.
- Reuters•yesterday
EMERGING MARKETS-Brazilian stocks drop on financials; Latam currencies weaken
Itau Unibanco Holding S.A led the declines among financials, while Brazilian planemaker Embraer SA lost the most on the index after it lowered its revenue projection for 2018, hurt by fewer deliveries of executive jets and a runway testing incident with a new jet. Shares of Brazilian gun maker Taurus Armas SA, which does not trade on the benchmark, fell more than 10 percent after Brazil's government said it is contemplating opening the domestic market to foreigners. Latin American currencies meanwhile, weakened as the dollar benefited from the euro's fall after the British parliament rejected Prime Minister Theresa May's Brexit deal.
- PR Newswire•yesterday
EMBRAER S.A.: MATERIAL FACT
SAO JOSE DOS CAMPOS, Brazil , Jan. 16, 2019 /PRNewswire/ -- In accordance with CVM Instruction 358 of January 3, 2002 , Embraer announces that it has revised its guidance for 2018 and is presenting projections ...
- Motley Fool•2 days ago
Embraer-Boeing Joint Venture Plans Are Moving Forward
The Brazilian government and Embraer's board have both given their formal approvals for the planned commercial aviation joint venture.
- Reuters•3 days ago
Embraer says cash position from Boeing deal still to be determined
SAO PAULO (Reuters) - Brazilian planemaker Embraer said in a securities filing on Monday that its cash boost from a potential sale of 80 percent of its commercial aviation business to Boeing is still to ...
Reuters•3 days agoEmbraer says cash position from Boeing deal still to be determined
Brazilian planemaker Embraer said in a securities filing on Monday that its cash boost from a potential sale of 80 percent of its commercial aviation business to Boeing is still to be determined. Embraer had previously said it expected the cash boost to be about $1 billion. Boeing has agreed to pay $4.2 billion to the Brazilian planemaker, in a tie-up that has been approved by Brazil's government but still needs approval from Embraer shareholders.
- Associated Press•6 days ago
Activision, Vail Resorts fall; General Motors, Embraer rise
Stocks that moved substantially or traded heavily Friday: Activision Blizzard Inc., down $4.81 to $46.54 The video game publisher announced that its eight-year partnership with game developer Bungie was ...
- Investor's Business Daily•6 days ago
Boeing Just Cleared The Biggest Hurdle To Takeover Of Top Jet Maker
The Brazilian government approved a Boeing-Embraer joint venture that gives Boeing control of Embraer's commercial aircraft unit.
- PR Newswire•6 days ago
EMBRAER S.A. MATERIAL FACT
SÃO JOSÉ DOS CAMPOS, Brazil , Jan. 11, 2019 /PRNewswire/ -- Embraer S.A. (" Company " or " Embraer "), in addition to the Material Facts disclosed by the Company on December 17, 2018 ...
- Reuters•6 days ago
Embraer board OKs next steps on partnership with Boeing - filing
SAO PAULO (Reuters) - Brazilian planemaker Embraer SA (EMBR3.SA) on Friday said its board has authorised the company to take steps towards implementing a proposed partnership with Boeing Co (BA.N), after ...
- Reuters•6 days ago
Embraer board OKs next steps on partnership with Boeing -filing
Brazilian planemaker Embraer SA on Friday said its board has authorized the company to take steps toward implementing a proposed partnership with Boeing Co, after receiving consent from Brasilia. Embraer's ...
- Investor's Business Daily•6 days ago
Dow Jones Futures: Netflix Leads 4 Notable Stocks Moving On News
After hours: Netflix rose to just below its 200-day line on an analyst upgrade. Activision plunged after giving up its "Destiny" video game franchise. The Boeing-Embraer deal got Brazil's OK.
- CNBC•7 days ago
Brazil approves Boeing-Embraer partnership, committing to keep local jobs
The Brazilian government has approved a proposed partnership between planemakers Embraer and Boeing to go forward, capping weeks of uncertainty in which President Jair Bolsonaro expressed hesitation.
- American City Business Journals•7 days ago
Boeing-Embraer deal wins Brazilian government approval
Boeing and Embraer said Thursday the government of Brazil has approved their commercial aircraft joint venture. The approval of the $4.2 billion deal, first announced in July 2018, will position both companies "to accelerate growth in global aerospace markets," Boeing said in a news release. The approval comes after Brazil's new President, Jair Bolsonaro, was sworn in recently.
- Reuters•7 days ago
Brazil approves Boeing-Embraer tie-up with new commitment to keep local jobs
SAO PAULO/BRASILIA (Reuters) - The Brazilian government on Thursday said it would allow a proposed tie-up between planemakers Embraer SA (EMBR3.SA) and Boeing Co (BA.N) to go forward, capping weeks of uncertainty in which President Jair Bolsonaro expressed hesitation. The approval maintains the terms of the deal as previously proposed, with Embraer selling 80 percent of its commercial plane division, its most profitable, for $4.2 billion to Boeing, which will have total control of the new venture. The tie-up between Embraer and Boeing is seen as part of a reshaping of the global aviation market for mid-sized planes.
Reuters•7 days agoBrazil approves Boeing-Embraer tie-up with new commitment to keep local jobs
SAO PAULO/BRASILIA (Reuters) - The Brazilian government on Thursday said it would allow a proposed tie-up between planemakers Embraer SA (EMBR3.SA) and Boeing Co (BA.N) to go forward, capping weeks of uncertainty in which President Jair Bolsonaro expressed hesitation. The approval maintains the terms of the deal as previously proposed, with Embraer selling 80 percent of its commercial plane division, its most profitable, for $4.2 billion to Boeing, which will have total control of the new venture. The tie-up between Embraer and Boeing is seen as part of a reshaping of the global aviation market for mid-sized planes.
- PR Newswire•7 days ago
Embraer and Boeing Welcome Brazilian Government Approval of Strategic Partnership
SÃO PAULO and CHICAGO, Jan. 10, 2019 /PRNewswire/ -- Embraer [B3: EMBR3, NYSE: ERJ] and Boeing [NYSE: BA] have welcomed approval by Government of Brazil of the strategic partnership that will position both companies to accelerate growth in global aerospace markets. The government's approval comes after the two companies last month approved terms for the joint venture that will be made up of the commercial aircraft and services operations of Embraer. Boeing will hold an 80 percent ownership stake in the new company and Embraer will hold the remaining 20 percent.
- Flightglobal•7 days ago
Brazil approves Boeing and Embraer partnership
Brazil's new government has approved a proposed partnership between Embraer and Boeing, clearing a critical hurdle for a tie-up that was challenged in court by Brazilian politicians and labour unions.
- PR Newswire•7 days ago
Embraer S.A. - Material Fact
SÃO JOSÉ DOS CAMPOS, Brazil , Jan. 10, 2019 /PRNewswire/ -- Embraer S.A. (" Company " or " Embraer "), in addition to the Material Fact disclosed by the Company on December 17, 2018 ...
- MarketWatch•7 days ago
Boeing, Embraer's JV gets Brazil's government OK
The Brazilian government has approved Embraer S/A's and Boeing Co.'s joint venture, the two companies said late Thursday. Boeing and Embraer last month approved terms for the joint venture that will be made up of the commercial aircraft and services operations of Embraer, with Boeing holding an 80% stake in the new company and Embraer holding the remaining 20%. In the same statement, the companies said they have also agreed to the terms of another joint venture to promote and develop new markets for Embraer's KC-390, an airlift plane. Under the terms of this proposed partnership, Embraer will own a 51% stake in the joint venture, with Boeing owning the remaining 49%. The deal is expected to close at the end of 2019, subject to shareholder and regulatory approvals. Boeing stock and Embraer's American depositary shares were flat in the extended session after ending the regular trading day up 2.6% and 2% lower, respectively.
- PR Newswire•7 days ago
Embraer and Boeing Welcome Brazilian Government Approval of Strategic Partnership
SAO PAULO and CHICAGO, Jan. 10, 2019 /PRNewswire/ -- Embraer [B3: EMBR3, NYSE: ERJ] and Boeing [NYSE: BA] have welcomed approval by the Government of Brazil of the strategic partnership that will position both companies to accelerate growth in global aerospace markets. The government's approval comes after the two companies last month approved terms for the joint venture that will be made up of the commercial aircraft and services operations of Embraer. Boeing will hold an 80 percent ownership stake in the new company and Embraer will hold the remaining 20 percent.
- Zacks•7 days ago
Boeing Outshines Airbus on 2018 Commercial Jet Deliveries
In 2018, Boeing (BA) toppled its arch-rival Airbus in manufacturing more expensive wide body jets, which kept the company ahead of its rival in terms of delivery valuation.
