Embraer Deliveries and Earnings Rise in 2022, But Revenue Misses in Q4
- Embraer reported mixed Q4 results with earnings beating views but revenue missing
- Adjusted Q4 earnings rose 80% and full-year deliveries increased 13%
- 2024 guidance sees deliveries of 197-215 planes and revenue of $6B-$6.4B
- Morgan Stanley named Embraer a top aerospace pick, citing its "harvest period"
- ERJ stock fell 4% Monday after initially rising on the earnings news
