Movement Alert|Embraer S.A. Falls 5.45% in Regular Trading, Despite Record Backlog Update

Market Focus10-26

On October 26, Embraer S.A. fell 5.45% in Regular Trading, trading at $66.525/share, with turnover of $13.1138 million.

The latest company update showed its order backlog reached a record $35.7 billion at the end of the third quarter, up 14% year over year and 3% quarter over quarter. Commercial Aviation backlog stood at $15.8 billion, with demand cited from customers including Binter and Luxair.

Earlier updates had also pointed to solid operating momentum: Embraer S.A. delivered a record 66 aircraft in the third quarter, and recent orders included agreements with Japan Airlines for up to 26 jets and ANA Holdings for 8 E190-E2 aircraft. Even so, the stock moved lower in the session.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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