Investing.com - Embraer ADR reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Embraer ADR announced earnings per share of -0.5219 on revenue of 807.3M. Analysts polled by Investing.com anticipated EPS of -0.3632 on revenue of 782.86M.
Embraer ADR shares are up 72.25% from the beginning of the year, still down 1.18% from its 52 week high of 11.87 set on April 27. They are outperforming the EUR/USD which is down 0% from the start of the year.
Embraer ADR follows other major Capital Goods sector earnings this month
Embraer ADR's report follows an earnings beat by ASML ADR on April 21, who reported EPS of 3.86 on revenue of 5.25B, compared to forecasts EPS of 3.07 on revenue of 4.81B.
Honeywell had beat expectations on April 23 with first quarter EPS of 1.92 on revenue of 8.45B, compared to forecast for EPS of 1.8 on revenue of 8.08B.
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