Embraer Q1 Revenue Tops Estimates at $1.44B, EBIT Margin Rises
The Brazilian aerospace firm posted $94.0 million in adjusted EBIT for Q1, up from $88.2 million a year earlier. Embraer reported first-quarter revenue of $1.44 billion, exceeding expectations by $20 million. Adjusted EBIT reached $94.0 million, reflecting a 6.5% margin, c