Shares of Embraer SA (ERJ) surged 5.30% in the pre-market trading session on Thursday after the Brazilian aerospace company reported strong fourth-quarter earnings and provided an upbeat outlook for 2025.
For the quarter ended December 31, 2024, Embraer posted an adjusted earnings per share (EPS) of $0.94, significantly beating analysts' expectations of $0.43. The company's revenue for the quarter came in at $2.31 billion, outpacing the consensus estimate of $2.23 billion.
Looking ahead, Embraer expects its 2025 revenue to range between $7 billion and $7.5 billion, surpassing analysts' forecasts of $7.29 billion. The company also provided guidance for other key metrics, including adjusted EBIT margin of 7.5% to 8.3% and a positive free cash flow of $200 million or higher.