{"id":483893,"date":"2021-04-29T06:04:13","date_gmt":"2021-04-29T10:04:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/embraer-s-a-releases-its-first-quarter-2021-earnings-results\/"},"modified":"2021-04-29T06:04:13","modified_gmt":"2021-04-29T10:04:13","slug":"embraer-s-a-releases-its-first-quarter-2021-earnings-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/embraer-s-a-releases-its-first-quarter-2021-earnings-results\/","title":{"rendered":"Embraer S.A. Releases Its First Quarter 2021 Earnings Results"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>S\u00c3O PAULO, <span class=\"xn-chron\">April 29, 2021<\/span> \/PRNewswire\/ &#8212;<b>\u00a0<\/b>EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its First Quarter 2021 Earnings Results.<\/p>\n<p>\n        <b>HIGHLIGHTS<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Embraer delivered 9 commercial jets and 13 executive jets (10 light \/ 3 large) in 1Q21. Total company firm order backlog at the end of 1Q21 was <span class=\"xn-money\">US$ 14.2 billion<\/span>; <\/li>\n<li>Revenues in 1Q21 reached <span class=\"xn-money\">US$ 807.3 million<\/span>, representing year-over-year growth of 27.4% compared to 1Q20, with growth in the Commercial Aviation, Defense &amp; Security, and Executive Aviation segments; <\/li>\n<li>On <span class=\"xn-chron\">April 23<\/span>, the Company signed a firm order for 30 E195-E2 jets with an undisclosed customer, with deliveries starting in 2022. The 30 firm orders will be included in Embraer&#8217;s second quarter backlog; <\/li>\n<li>Excluding special items, adjusted EBIT and EBITDA were <span class=\"xn-money\">US$ (29.6) million<\/span> and <span class=\"xn-money\">US$ 18.0 million<\/span>, respectively, yielding adjusted EBIT margin of -3.7% and adjusted EBITDA margin of 2.2%; <\/li>\n<li>Adjusted net loss (excluding special items and deferred income tax and social contribution) in 1Q21 was <span class=\"xn-money\">US$ (95.9) million<\/span>, with adjusted loss per ADS of <span class=\"xn-money\">US$ (0.52)<\/span>; <\/li>\n<li>Embraer free cash flow in 1Q21 was a usage of <span class=\"xn-money\">US$ (226.6) million<\/span>, which is consistent with normal quarterly seasonality of free cash flow usage in the first quarter. The free cash flow usage represented a significant improvement compared to the <span class=\"xn-money\">US$ (676.6) million<\/span> in free cash flow consumption in 1Q20 on considerably better inventory levels given steps taken to stabilize production and operations in the midst of the COVID-19 pandemic; <\/li>\n<li>The Company finished the quarter with total cash of <span class=\"xn-money\">US$ 2.5 billion<\/span> and net debt of <span class=\"xn-money\">US$ 1.9 billion<\/span>; <\/li>\n<li>Due to continued uncertainty related to the COVID-19 pandemic and its impacts on the industry, Embraer has decided to not publish 2021 financial and delivery guidance at this point.<\/li>\n<\/ul>\n<p>\n        <b>MAIN FINANCIAL INDICATORS<\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td nowrap=\"nowrap\" class=\"prnsbt1 prnsbr1 prnvab prnsbbs prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>US$ Million<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1Q20<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>4Q20<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1Q21<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Revenue<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6 prnpr14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">633.8<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,841.4<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">807.3<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">EBIT<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(46.9)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">103.6<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(33.1)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">EBIT margin %<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">-7.4%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.6%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">-4.1%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjusted EBIT<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8.7<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">76.6<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(29.6)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjusted EBIT margin %<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.4%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4.2%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">-3.7%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">EBITDA<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">9.3<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">172.6<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">14.5<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">EBITDA margin %<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.5%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">9.4%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.8%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjusted EBITDA<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">64.9<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">145.6<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">18.0<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjusted EBITDA margin %<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10.2%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">7.9%<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.2%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjusted net income (Loss)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(104.0)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(12.5)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(95.9)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjusted earnings (losses) per share &#8211; ADS basic<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.5651)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.0679)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.5219)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Net income (loss) attributable to Embraer Shareholders<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(292.0)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(3.3)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(89.7)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Earnings (losses) per share &#8211; ADS basic (US$) <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1.5867)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.0179)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(0.4882)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Adjusted free cash flow<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(676.5)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">725.1<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(226.5)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Net debt<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1,331.6)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1,695.7)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1,902.2)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>For additional information, please check the full document on our website <\/b><br \/>\n        <b><br \/>\n          <a target=\"_blank\" href=\"http:\/\/ri.embraer.com.br\/\" rel=\"nofollow noopener\">ri.embraer.com.br<\/a><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <b>INVESTOR RELATIONS<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Eduardo Couto<\/span>, <span class=\"xn-person\">Chris Thornsberry<\/span>, Caio Pinez and <span class=\"xn-person\">Viviane Pinheiro<\/span>. <br \/><b>(+55 11) 3040-6874<br \/><\/b><b><u><a target=\"_blank\" href=\"mailto:investor.relations@embraer.com.br\" rel=\"nofollow noopener\">investor.relations@embraer.com.br<\/a><br \/><\/u><\/b><b><a target=\"_blank\" href=\"https:\/\/ri.embraer.com.br\/\" rel=\"nofollow noopener\">ri.embraer.com.br<\/a><\/b><\/p>\n<p>\n        <b>CONFERENCE CALL INFORMATION<br \/><\/b>Embraer will host a conference call to present its 1Q21 Results on <b><span class=\"xn-chron\">Thursday, April 29, 2021<\/span> at <span class=\"xn-chron\">11:00 AM<\/span> (SP) \/ <span class=\"xn-chron\">10:00 AM<\/span> (NY).<\/b> The conference call will also be broadcast live over the web at <b><a target=\"_blank\" href=\"https:\/\/ri.embraer.com.br\/\" rel=\"nofollow noopener\">ri.embraer.com.br<\/a><\/b><\/p>\n<p>\n        <b>Conference ID: EMBRAER<\/b>\n      <\/p>\n<p>Telephones <span class=\"xn-location\">USA<\/span> \/ <span class=\"xn-location\">Canada<\/span>: +1 (412) 717-9627 \/ +1 (844) 204-8942<br \/>Telephones <span class=\"xn-location\">Brazil<\/span>: +55 (11) 4210-1803 \/ +55 (11) 3181-8565<br \/>We recommend calling 15 minutes in advance.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SP59845&amp;sd=2021-04-29\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/embraer-sa-releases-its-first-quarter-2021-earnings-results-301279649.html\">http:\/\/www.prnewswire.com\/news-releases\/embraer-sa-releases-its-first-quarter-2021-earnings-results-301279649.html<\/a><\/p>\n<p>SOURCE  Embraer S.A.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SP59845&amp;Transmission_Id=202104290600PR_NEWS_USPR_____SP59845&amp;DateId=20210429\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire S\u00c3O PAULO, April 29, 2021 \/PRNewswire\/ &#8212;\u00a0EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its First Quarter 2021 Earnings Results. HIGHLIGHTS Embraer delivered 9 commercial jets and 13 executive jets (10 light \/ 3 large) in 1Q21. Total company firm order backlog at the end of 1Q21 was US$ 14.2 billion; Revenues in 1Q21 reached US$ 807.3 million, representing year-over-year growth of 27.4% compared to 1Q20, with growth in the Commercial Aviation, Defense &amp; Security, and Executive Aviation segments; On April 23, the Company signed a firm order for 30 E195-E2 jets with an undisclosed customer, with deliveries starting in 2022. The 30 firm orders will be included in Embraer&#8217;s second quarter backlog; Excluding special items, adjusted EBIT and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/embraer-s-a-releases-its-first-quarter-2021-earnings-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Embraer S.A. Releases Its First Quarter 2021 Earnings Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-483893","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Embraer S.A. Releases Its First Quarter 2021 Earnings Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/embraer-s-a-releases-its-first-quarter-2021-earnings-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Embraer S.A. Releases Its First Quarter 2021 Earnings Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire S\u00c3O PAULO, April 29, 2021 \/PRNewswire\/ &#8212;\u00a0EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its First Quarter 2021 Earnings Results. HIGHLIGHTS Embraer delivered 9 commercial jets and 13 executive jets (10 light \/ 3 large) in 1Q21. Total company firm order backlog at the end of 1Q21 was US$ 14.2 billion; Revenues in 1Q21 reached US$ 807.3 million, representing year-over-year growth of 27.4% compared to 1Q20, with growth in the Commercial Aviation, Defense &amp; Security, and Executive Aviation segments; On April 23, the Company signed a firm order for 30 E195-E2 jets with an undisclosed customer, with deliveries starting in 2022. The 30 firm orders will be included in Embraer&#8217;s second quarter backlog; Excluding special items, adjusted EBIT and &hellip; Continue reading &quot;Embraer S.A. 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Releases Its First Quarter 2021 Earnings Results - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/embraer-s-a-releases-its-first-quarter-2021-earnings-results\/","og_locale":"en_US","og_type":"article","og_title":"Embraer S.A. Releases Its First Quarter 2021 Earnings Results - Market Newsdesk","og_description":"PR Newswire S\u00c3O PAULO, April 29, 2021 \/PRNewswire\/ &#8212;\u00a0EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its First Quarter 2021 Earnings Results. HIGHLIGHTS Embraer delivered 9 commercial jets and 13 executive jets (10 light \/ 3 large) in 1Q21. Total company firm order backlog at the end of 1Q21 was US$ 14.2 billion; Revenues in 1Q21 reached US$ 807.3 million, representing year-over-year growth of 27.4% compared to 1Q20, with growth in the Commercial Aviation, Defense &amp; Security, and Executive Aviation segments; On April 23, the Company signed a firm order for 30 E195-E2 jets with an undisclosed customer, with deliveries starting in 2022. The 30 firm orders will be included in Embraer&#8217;s second quarter backlog; Excluding special items, adjusted EBIT and &hellip; Continue reading \"Embraer S.A. Releases Its First Quarter 2021 Earnings Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/embraer-s-a-releases-its-first-quarter-2021-earnings-results\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-29T10:04:13+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=SP59845&amp;sd=2021-04-29","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/embraer-s-a-releases-its-first-quarter-2021-earnings-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/embraer-s-a-releases-its-first-quarter-2021-earnings-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Embraer S.A. 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