Brazil's Embraer profit falls 67 percent, missing estimates
SAO PAULO (Reuters) - Brazil's Embraer SA (EMBR3.SA), the world's biggest maker of regional jets, reported that first-quarter net income fell 67 percent from a year earlier to 61.7 million reais ($30.9 million), according to a Monday securities filing.
Profit missed an average estimate of $58 million in a Reuters survey of five analysts. Analysts gave their estimates in dollars, but Embraer's initial earnings report was in Brazilian reais.
(Reporting by Brad Haynes; Editing by Gary Hill)