Investing.com - Embraer ADR reported on Friday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Embraer ADR announced earnings per share of -0.18 on revenue of 958.1M. Analysts polled by Investing.com anticipated EPS of -0.1349 on revenue of 1.01B.
Embraer ADR shares are up 127.9% from the beginning of the year, still down 20.00% from its 52 week high of 19.40 set on October 15. 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 October 20, who reported EPS of 4.97 on revenue of 6.1B, compared to forecasts EPS of 4.61 on revenue of 6.19B.
Honeywell had beat expectations on October 22 with third quarter EPS of 2.02 on revenue of 8.47B, compared to forecast for EPS of 1.99 on revenue of 8.66B.
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