Embraer reported its third quarter earnings this morning, with several positives that beat expectations. The company reported a net profit of $178.8 million US, or 97 cents per share. Adjusted for non-recurring costs, EPS were $1.20, surpassing expectations. Quarterly revenues…
Boeing CEO Kelly Ortberg outlined his strategy in advance of the company’s third-quarter earnings call, and most analysts felt that he did not underestimate the tasks ahead and recognized the turnaround will require a long-term strategy and cultural change. This…
Raytheon Technologies (RTX) reported Q3 earnings today, with positive results. Sales of $20.1 billion were up 6 percent versus last year, and adjusted EPS of $1.45 was up 16 percent y-o-y. The company raised its full-year guidance for sales to…
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Delhi-based low-cost airline IndiGo reported it more than doubled its net profit to Rs18.94 billion for the quarter ended March 31 this year, compared to a net profit of Rs 9.19 billion previously. The airline said that in the last…
Canada’s largest airline announced its first-quarter earnings. The key data points are: Total operating revenues of $5.2 billion increased 7% year over year Operating income of $11 million and adjusted EBITDA of $453 million Double-digit on-time arrivals improvement from the…