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Embraer S.A. - ERJ STOCK NEWS

Welcome to our dedicated news page for Embraer S.A. (Ticker: ERJ), a resource for investors and traders seeking the latest updates and insights on Embraer S.A..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Embraer S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Embraer S.A.'s position in the market.

Rhea-AI Summary
Embraer S.A. releases its Q4 2023 and FY 2023 earnings results, showcasing increased deliveries, record order backlog, revenue growth, and improved credit ratings. Despite supply chain delays impacting results, the company achieved strong financial performance and provided optimistic guidance for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
earnings
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Rhea-AI Summary
Dassault Systèmes and Embraer utilize simulation technology to optimize eVTOL aircraft aerodynamics and aeroacoustics. SIMULIA fluid dynamics applications predict real-world conditions, aiding in noise reduction and design optimization. Eve Air Mobility's eVTOL production facility in Brazil is underway, with deliveries expected in 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.51%
Tags
none
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Rhea-AI Summary
Dassault Systèmes and Embraer utilize simulation technology to optimize eVTOL aircraft aerodynamics and aeroacoustics. SIMULIA fluid dynamics applications predict real-world conditions, aiding in noise reduction and design optimization. Eve Air Mobility's eVTOL production facility in Brazil is underway, with deliveries expected in 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
none
Rhea-AI Summary
Embraer (ERJ) delivered 75 aircraft in 4Q23, with 49 executive jets, 25 commercial jets, and 1 military C-390 jet. In 2023, the company supplied 181 aircraft, an increase of 13% compared to 2022. The backlog rose to US$18.7 billion, the highest recorded since 1Q18. Executive Aviation continued its sales momentum, with a book-to-bill in excess of 1.3:1 and a US$4.3 billion backlog, a US$400 million growth YoY. South Korea selected the C-390 Millennium in the Large Transport Aircraft II public tender, reinforcing the company's sales momentum.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
Tags
none
-
Rhea-AI Summary
Embraer (NYSE: ERJ, B3: EMBR3) is expanding its maintenance service capacity in the United States by adding three Executive Aviation Maintenance, Repair and Overhaul (MRO) facilities in Dallas Love Field, TX, Cleveland, OH, and Sanford, FL. The company aims to support the continued growth of its executive jets' customer base and provide additional service locations for its customers. Embraer will also increase its Mobile Response network by 28 teams and enlarge its capabilities, including access to interior services, paint, and component repairs. Service at these locations is set to begin in the second quarter of 2024. This expansion is a strategic move to care for its valued customers and ensure long-term growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.62%
Tags
none
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Rhea-AI Summary
Embraer (ERJ) Wins C-390 Millennium Contract with Republic of Korea Air Force
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
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none
Rhea-AI Summary
Porter Airlines (TSE:PA) has exercised purchase rights to place a firm order for 25 Embraer E195-E2 passenger jets, adding to their 50 existing firm orders. The deal, valued at US$2.1bn at list price, will be added to the Q4 backlog, and brings Porter's orders with Embraer to 75 firm, with 25 purchase rights remaining. The new aircraft will be used to extend Porter's award-winning service to destinations throughout North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.26%
Tags
none
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Rhea-AI Summary
EMBRAER S.A. reports its third Quarter 2023 Earnings Results. The company delivered 43 jets in the quarter, with revenues reaching US$ 1,284 million, a 38% increase compared to the same period last year. Adjusted EBIT was 7.8%, higher than 3Q22. The firm order backlog ended at US$ 17.8 billion, the highest level in one year. The Services & Support business unit recorded the highest volume ever at US$ 2.8 billion. Adjusted Free Cash Flow in 3Q23 was US$ 44.0 million. The company also concluded Liability Management, extending the average loan maturity to 4.8 years. The operational and financial guidance for 2023 remains unchanged.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
earnings
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Rhea-AI Summary
Embraer reports a 30% increase in deliveries in 3Q23 compared to the same period in 2022. Commercial Aviation deliveries rose by 50% and Executive Aviation deliveries increased by 22%. The firm order backlog reached $17.8 billion, the highest in one year. Important deals include orders from SkyWest, Luxair, Air Peace, and Binter. The backlog for Executive Aviation is at $4.3 billion with a book to bill ratio of 1.5:1. Embraer also announced successful tests of sustainable aviation fuel and the expansion of training capacity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.28%
Tags
none
Rhea-AI Summary
Embraer agrees to sell 19 new E175 jets to SkyWest for operation in the United Airlines network. The contract is valued at US$1.1 billion and the aircraft will be delivered in Q4 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.28%
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none
Embraer S.A.

NYSE:ERJ

ERJ Rankings

ERJ Stock Data

4.89B
694.87M
39.2%
1.19%
Small Arms Ammunition Manufacturing
Manufacturing
Link
Brazil
Sao Jose Dos Campos

About ERJ

Embraer S.A. is a Brazilian multinational aerospace manufacturer that produces commercial, military, executive and agricultural aircraft, and provides aeronautical services. It was founded in 1969 in São José dos Campos, São Paulo, where its headquarters are located.