ASCENDANCE OF EMBRAER

Brazilian aerospace company EMBRAER S.A. issued very positive Q2 earnings. EMBRAER's revenue grew from the last quarter $1.08 billion to $1.36 billion, earnings per share grew amazing whopping 36% while the net margins improved from 7.2% to 22.4%. These fabulous results are achieved thanks to delivery of 25 commercial airliners and 23 corporate jets deliveres during Q2. The shares of EMBRAER raised 8.97% reaching $29.52 per share on the end of the NYSE session on July 29.

The company engages in the development, production, and sale of jet and turboprop aircraft for civil and defense aviation markets, aircrafts for agricultural use, structural components, mechanical and hydraulic systems, and technical activities related to the production and maintenance of aerospace material. The company's Commercial Aviation segment designs, develops, and manufactures various commercial aircraft for regional, low-cost, and mainline airlines primarily in Europe, the Middle East, Africa, Asia, and the Americas.

TICKER – NYSE: ERJ

Website: http://www.embraer.com