Embraer (ERJ) to Release Earnings on Thursday

Embraer (NYSE:ERJ) is projected to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.47 per share and revenue of $2.21 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Embraer Stock Up 0.8 %

NYSE ERJ opened at $41.55 on Tuesday. Embraer has a twelve month low of $18.16 and a twelve month high of $46.10. The stock has a market cap of $7.63 billion, a PE ratio of 15.28 and a beta of 1.71. The firm has a 50-day simple moving average of $39.54 and a 200 day simple moving average of $36.75. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 1.56.

Wall Street Analysts Forecast Growth

ERJ has been the topic of several recent research reports. StockNews.com lowered Embraer from a “buy” rating to a “hold” rating in a report on Saturday. TD Cowen upgraded shares of Embraer to a “strong-buy” rating in a research note on Thursday, December 19th. Bank of America lifted their target price on shares of Embraer from $40.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Finally, UBS Group lowered shares of Embraer from a “neutral” rating to a “sell” rating and increased their price target for the stock from $29.00 to $32.00 in a research report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $40.50.

About Embraer

Embraer SA designs, develops, manufactures, and sells aircraft and systems in North America, Latin America, the Asia Pacific, Brazil, Europe, and internationally. The company operates through Commercial Aviation; Defense & Security; Executive Aviation; Services & Support; and Other segments. The Commercial Aviation segment designs, develops, manufactures, and sells commercial jets, as well as leases aircraft.