$ERJ (-0.2% pre) Brazilian planemaker Embraer updates guidance as profit soars in Q3 - Reuters https://t.co/aLDO2z18jo
Brazilian planemaker Embraer updates guidance as profit soars in Q3 https://t.co/ylzG07NuAK https://t.co/hv2hE39dW8
India's Tata Motors posts surprise Q2 profit drop on weak JLR, domestic sales https://t.co/8ninnrg4OK https://t.co/1L7z6rZs29

Embraer, the Brazilian planemaker, has announced its third quarter 2024 earnings results and updated its guidance as profit soars. The company reported revenues totaling US$1,692 million for the period, marking a 32% year-over-year increase. Notably, Executive Aviation and Defense & Security segments each saw a 65% year-over-year growth in revenues. Adjusted EBIT for the quarter reached US$297.5 million, with a 17.6% margin. Embraer cited imbalanced opportunities and risks as key factors driving the decision to update its guidance.
