Analysts forecast that Embraer SA (NYSE:ERJ) will post earnings per share of $0.70 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Embraer’s earnings, with estimates ranging from $0.65 to $0.75. Embraer reported earnings of $1.14 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 38.6%. The firm is expected to report its next earnings report on Thursday, March 8th.

According to Zacks, analysts expect that Embraer will report full year earnings of $1.81 per share for the current financial year, with EPS estimates ranging from $1.70 to $1.90. For the next financial year, analysts forecast that the business will post earnings of $0.94 per share, with EPS estimates ranging from $0.66 to $1.12. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Embraer.

Embraer (NYSE:ERJ) last announced its quarterly earnings results on Friday, October 27th. The aerospace company reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.11. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.34 billion. Embraer had a return on equity of 10.65% and a net margin of 6.63%.

ERJ has been the subject of several research reports. Zacks Investment Research downgraded Embraer from a “hold” rating to a “sell” rating in a report on Thursday, November 2nd. Cowen reissued a “hold” rating and issued a $22.00 target price on shares of Embraer in a report on Monday, October 30th. ValuEngine downgraded Embraer from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Deutsche Bank downgraded Embraer from a “buy” rating to a “hold” rating and set a $23.00 target price for the company. in a report on Tuesday, October 17th. Finally, BidaskClub raised Embraer from a “buy” rating to a “strong-buy” rating in a report on Friday, August 25th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. Embraer currently has a consensus rating of “Hold” and a consensus price target of $22.20.

Shares of Embraer (ERJ) traded down $0.17 during midday trading on Friday, reaching $19.51. The company’s stock had a trading volume of 668,800 shares, compared to its average volume of 1,238,728. The stock has a market cap of $3,614.03, a P/E ratio of 8.37, a price-to-earnings-growth ratio of 0.64 and a beta of 0.32. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.67 and a quick ratio of 1.73. Embraer has a 12 month low of $17.58 and a 12 month high of $24.95.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Brandes Investment Partners LP raised its stake in Embraer by 6.6% during the 2nd quarter. Brandes Investment Partners LP now owns 19,847,728 shares of the aerospace company’s stock valued at $361,824,000 after acquiring an additional 1,227,021 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in Embraer by 10.1% during the 2nd quarter. Hotchkis & Wiley Capital Management LLC now owns 8,170,429 shares of the aerospace company’s stock valued at $148,947,000 after acquiring an additional 747,735 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in Embraer by 9.5% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 6,115,296 shares of the aerospace company’s stock valued at $138,267,000 after acquiring an additional 531,605 shares during the last quarter. Holowesko Partners Ltd. raised its stake in Embraer by 20.9% during the 2nd quarter. Holowesko Partners Ltd. now owns 3,843,250 shares of the aerospace company’s stock valued at $70,062,000 after acquiring an additional 665,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Embraer by 19.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,765,620 shares of the aerospace company’s stock valued at $68,650,000 after acquiring an additional 616,851 shares during the last quarter. 50.11% of the stock is owned by hedge funds and other institutional investors.

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