Embraer S.A. (NYSE:ERJ) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Gui Paiva - Head of IR and M&A Francisco Gomes Neto - President and CEO Antonio Carlos Garcia - CFO Conference Call Participants Marcelo Motta - JPMorgan Myles Walton - Wolfe Research Kristine Liwag - Morgan Stanley Steve Trent - Citi Andre Ferreira - Bradesco BBI Jordan Leone - Bank of America Lucas Marquiori - BTG Pactual Daniel Gasparete - Itau BBA Lucas Laghi - XP Investments Cristian Favaro - Valor Econ ...

Embraer (ERJ) reported $1.1 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 23%. EPS of $0.40 for the same period compares to -$0.07 a year ago.The reported revenue represents a surprise of -0.88% over the Zacks Consensus Estimate of $1.11 billion. With the consensus EPS estimate being $0.21, the EPS surprise was +90.48%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...

SÃO PAULO, May 6, 2025 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) RELEASES ITS FIRST QUARTER 2025 EARNINGS RESULTS.HIGHLIGHTS 2025 Guidance reiterated: Commercial Aviation deliveries between 77 and 85 aircraft, and Executive Aviation deliveries between 145 and 155 aircraft. Total company revenues in the US$7.0 to US$7.5 billion range, adjusted EBIT margin between +7.5% and +8.3%, and adjusted free cash flow of US$200 million or higher for the year. The company highlights Q1 results were not impacte ...

The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Embraer (ERJ) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question.Embraer is one of 53 individual stocks in the Aerospace sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 ind ...

Commercial Aviation's backlog reached US$10.0 billion Executive Jets set a new US$7.6 billion backlog record Defense & Security held steady with a US$4.2 billion backlog The backlog in Services & Support totaled US$4.6 billionSÃO PAULO, April 22, 2025 /PRNewswire/ -- Embraer (NYSE: ERJ / B3: EMBR3), a global leader in the aerospace industry, reported a US$26.4 billion backlog in the first quarter of 2025. The result surpassed the all-time historical high set in the previous quarter. Backlog by Segment - ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In December, I covered Embraer S.A. (NYSE: ERJ ) with a Buy rating and the stock has gained 18% since then while the S&P 500 ( SP500 ) lost 14%. In fact, the company roseDhierin runs the investing group The Aerospace Forum , whose goal is to discov ...

Analyst's Disclosure: I/we have a beneficial long position in the shares of ERJ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any in ...

The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Embraer (ERJ) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Embraer is a member of the Aerospace sector. This group includes 53 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sec ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and ...

Financial Performance - Total revenue for the nine-month period ended September 30, 2024, increased to $4,083.2 million, up 24% from $3,293.4 million in the same period of 2023[7]. - Gross profit for the nine-month period was $723.5 million, representing a 27% increase compared to $570.1 million in the prior year[7]. - Operating income before financial results for the nine-month period rose to $409.2 million, significantly up from $105.5 million in the same period of 2023[7]. - Net income for the nine-month period was $316.6 million, compared to a loss of $34.5 million in the same period of 2023[7]. - The company reported a basic earnings per share of $0.42 for the nine-month period, compared to a loss per share of $0.04 in the same period of 2023[7]. - For the nine months ended September 30, 2024, Embraer reported an income of $316.6 million, a significant recovery from a loss of $34.5 million in the same period of 2023, representing a turnaround of approximately 1017%[13]. - Total comprehensive loss for the period was $298.3 million, compared to a loss of $28.1 million in the previous year, indicating a deterioration in overall financial performance[13]. - The company reported a net foreign exchange loss of $19.6 million for the period, compared to a loss of $1.9 million in the previous year[187]. Cash and Liquidity - Cash and cash equivalents decreased to $831.5 million as of September 30, 2024, down from $1,629.2 million at the end of 2023[3]. - Cash and cash equivalents at the end of the period were $825.0 million, down from $1,023.9 million at the end of September 2023, reflecting a decrease of approximately 19.4%[13]. - The company reported a significant increase in fixed deposits, which decreased from $1,168.8 million to $421.6 million, indicating a shift in liquidity management[32]. - The company has cash equivalents and financial investments totaling $1,771.4 million, with 93.37% indexed to fixed rates[166]. - As of September 30, 2024, cash and cash equivalents held by Banco do Brasil S.A. amounted to $268.1 million, while BNDES financing reached $670.2 million[72]. Assets and Liabilities - Total assets increased to $11,671.3 million as of September 30, 2024, compared to $10,782.5 million at the end of 2023[5]. - Total liabilities rose to $8,255.7 million as of September 30, 2024, up from $7,743.2 million at the end of 2023[5]. - The company’s total shareholders' equity increased to $3,415.6 million as of September 30, 2024, up from $3,039.3 million at the end of 2023[5]. - The company reported a total loans and financing balance of $2,646.0 million as of September 30, 2024, down from $2,886.4 million at December 31, 2023, indicating a decrease of 8.3%[86]. - Total liabilities increased from $4,223.9 million on December 31, 2023, to $4,453.1 million on September 30, 2024, an increase of 5.4%[136]. Inventory and Receivables - Inventories increased to $3,340.4 million as of September 30, 2024, compared to $2,636.0 million at the end of 2023[3]. - The inventory value as of September 30, 2024, was $3,473.0 million, an increase from $2,763.3 million on December 31, 2023, representing a growth of 25.7%[52]. - The company's trade accounts receivable increased to $266.6 million as of September 30, 2024, compared to $230.8 million at the end of 2023, with overdue amounts rising due to a specific customer default[38]. - The allowance for expected credit losses rose to $11.2 million as of September 30, 2024, from $9.8 million at the end of 2023, reflecting adjustments in credit risk management[39]. Investments and Capital Expenditures - The company invested $169.3 million in property, plant, and equipment during the nine months ended September 30, 2024, compared to $148.8 million in the same period of 2023, marking an increase of about 13.4%[13]. - The company’s financial investments totaled $939.9 million as of September 30, 2024, up from $691.7 million at the end of 2023, with significant increases in structured notes and investment funds[34]. - The company’s investments increased to $46.1 million as of September 30, 2024, from $28.2 million on December 31, 2023, marking a growth of 63.8%[59]. Tax and Provisions - The effective tax rate for the period was -18.5%, compared to -26.3% in the same period of the previous year[101]. - The company recognized a provision of $3.2 million related to a tax assessment notice, down from $4.7 million in 2023[104]. - Total provisions increased from $288.2 million on December 31, 2023, to $313.8 million on September 30, 2024, reflecting a net addition of $25.6 million[111]. Management and Governance - The total remuneration for key management personnel increased to $15.3 million for the nine months ending September 30, 2024, compared to $7.9 million in the same period of 2023, reflecting a 93.7% increase[74]. - The company has significant restrictions on accessing cash balances of EVE Holding, which may impact liquidity for settling obligations[65]. Legal and Contingent Liabilities - The arbitration proceedings with Boeing concluded with a payment of $150 million to Embraer on October 3, 2024[121]. - The company is currently involved in a legal dispute with Conviasa, with the amount in dispute yet to be determined[116]. - The company has contingent liabilities related to labor lawsuits totaling $17.9 million as of September 30, 2024[114]. Market and Backlog - The company has a backlog of performance obligations valued at $22.7 billion as of September 30, 2024, up from $18.7 billion in 2023, with $20.8 billion expected to be satisfied within the next five years[180]. - Revenue from the Commercial Aviation segment was $1,227.5 million, up from $1,095.6 million in 2023, indicating strong demand in this area[193]. - The Defense & Security segment generated $487.6 million in revenue, a significant increase from $313.1 million in the prior year[193].