Investing.com - Embraer ADR reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Embraer ADR announced earnings per share of -1.08 on revenue of 537.2M. Analysts polled by Investing.com anticipated EPS of -0.4 on revenue of 622.3M (NYSE:MMM).
Embraer ADR shares are down 71.16% from the beginning of the year and are trading at 5.62 , down-from-52-week-high.They are under-performing 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 missed by ASML ADR on July 15, who reported EPS of 2.04 on revenue of 3.8B, compared to forecasts EPS of 2.25 on revenue of 3.8B.
Lockheed Martin had beat expectations on July 21 with second quarter EPS of 5.79 on revenue of 16.22B, compared to forecast for EPS of 5.72 on revenue of 15.23B.
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