What Happened
Brazilian Aerospace Firm Sees Record Revenue and Improved Profit Outlook
Embraer’s stock gained 5.7% after the company reported record revenue and an increase in its adjusted EBIT margin outlook. The Brazilian aerospace firm’s Q2 revenue climbed 23% to $2.235 billion, while adjusted EBIT jumped 55% to $296.9 million. Embraer also increased its 2026 adjusted EBIT margin outlook and set a new minimum free-cash-flow target, doubling the previous level. The company’s backlog hit an all-time high of $34.5 billion, marking a 16% increase from a year earlier. This was reported by Unknown Source.