SAO JOSE DOS CAMPOS, Brazil (AP) — SAO JOSE DOS CAMPOS, Brazil (AP) — Embraer SA (ERJ) on Thursday reported net income of $45.6 million in its fourth quarter.
The Sao Jose Dos Campos, Brazil-based company said it had net income of 25 cents per share. Earnings, adjusted for non-recurring costs, came to 94 cents per share.
The plane and jet manufacturer posted revenue of $2.31 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $2.19 billion.
For the year, the company reported profit of $352.6 million, or $1.92 per share. Revenue was reported as $6.39 billion.
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