Embraer Rises 5.51% as Record $35.7B Backlog Prompts Higher 2026 Guidance
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Embraer (NYSE:EMBJ) shares rose 5.51% to $81.32 as of 9:53 a.m. ET in regular trading on November 10, after the Brazilian aircraft maker raised its 2026 revenue and free cash flow guidance. The raise came alongside record third-quarter…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe record backlog and raised guidance signal strong operating momentum for the aircraft maker.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Third-quarter revenue hit a record $2.35 billion, up 17%.
- 02Revenue guidance for 2026 was raised to $8.4-8.6 billion.
- 03Free cash flow guidance is now $700 million or more, versus $400 million or more before.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets