Investing.com - Embraer ADR reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Embraer ADR announced earnings per share of -0.28 on revenue of 1.01B. Analysts polled by Investing.com anticipated EPS of -0.2608 on revenue of 977.61M.
Embraer ADR shares are up 52.12% from the beginning of the year and are trading at 15.40 , down-from-52-week-high.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 Carrier Global on Thursday, who reported EPS of 0.64 on revenue of 5.44B, compared to forecasts EPS of 0.5529 on revenue of 4.95B.
Otis Worldwide had beat expectations on Monday with second quarter EPS of 0.79 on revenue of 3.7B, compared to forecast for EPS of 0.7174 on revenue of 3.46B.
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