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Embraer Reiterates 2024 Guidance: Expects Revenues In The $6B-6.4B Vs. $6.283B Consensus; Sees Commercial Aviation Deliveries Of 72-80 Aircraft, And Executive Aviation Of 125-135

Author: Benzinga Newsdesk | May 07, 2024 06:32am

2024 Guidance reiterated: Management believes current estimates are still valid and represent evenly balanced risks and opportunities for full-year operations. Commercial Aviation deliveries between 72 and 80 aircraft, and Executive Aviation deliveries between 125 and 135. Total company revenues in the US$6.0-6.4 billion range, Adjusted EBIT margin between 6.5% and 7.5%, and Adjusted free cash flow of US$220 million or higher

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