Investing.com - Embraer ADR reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Embraer ADR announced earnings per share of R$-0.5 on revenue of R$787.75M. Analysts polled by Investing.com anticipated EPS of R$-0.46 on revenue of R$803.79M.
Embraer ADR shares are down 78.6% from the beginning of the year and are trading at R$4.17 , 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 beat by ASML ADR on October 14, who reported EPS of R$2.99 on revenue of R$4.65B, compared to forecasts EPS of R$2.64 on revenue of R$4.36B.
Lockheed Martin had beat expectations on October 20 with third quarter EPS of R$6.25 on revenue of R$16.5B, compared to forecast for EPS of R$6.09 on revenue of R$16.11B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar