Embraer: Q3 Earnings Snapshot

SAO JOSE DOS CAMPOS, Brazil (AP) — SAO JOSE DOS CAMPOS, Brazil (AP) — Embraer SA (EMBJ) on Tuesday reported third-quarter earnings of $71.1 million.

On a per-share basis, the Sao Jose Dos Campos, Brazil-based company said it had profit of 40 cents. Earnings, adjusted for non-recurring costs, came to 41 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.

The plane and jet manufacturer posted revenue of $2.35 billion in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $2.3 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMBJ at https://www.zacks.com/ap/EMBJ