Embraer: Q2 Earnings Insights


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


 

Shares of Embraer (NYSE:ERJ) moved higher by 4.1% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 122.22% over the past year to $0.24, which beat the estimate of ($0.28).

Revenue of $1,131,000,000 rose by 110.54% from the same period last year, which beat the estimate of $902,130,000.

Looking Ahead

The upcoming fiscal year's revenue expected to be between $4,000,000,000 and $4,500,000,000.

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Time: 08:30 AM

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Technicals

Company's 52-week high was at $16.97

Company's 52-week low was at $3.96

Price action over last quarter: Up 38.28%

Company Profile

Embraer SA based in Sao Paulo, Brazil, Embraer manufactures regional aircraft, business jets, and defense and security products. The company also offers a range of services to support its installed base of hardware. Its defense and security business is currently focused on developing the KC-390 military transport aircraft. The company also produces aircraft systems and structural components. It operates through the following segments; Commercial Aviation; Defense and Security; Executive Jets and Service and Support. The company generates maximum revenue from Commercial Aviation segment.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsNewsBZI-Recaps