Investing.com - Embraer ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Embraer ADR announced earnings per share of 0.4 on revenue of 1.02B. Analysts polled by Investing.com anticipated EPS of -0.07 on revenue of 1.16B.
Embraer ADR shares are down 43.61% from the beginning of the year and are trading at 10.01 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Embraer ADR shares gained 4.76% in intra-day trade the report.
Embraer ADR follows other major Industrials sector earnings this month
Embraer ADR's report follows an earnings beat by United Parcel Service on Tuesday, July 26, 2022, who reported EPS of 3.29 on revenue of 24.77B, compared to forecasts EPS of 3.16 on revenue of 24.65B.
Union Pacific had beat expectations on Thursday, July 21, 2022 with second quarter EPS of 2.93 on revenue of 6.27B, compared to forecast for EPS of 2.84 on revenue of 6.12B.
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