October 23, 2012 / 11:45 PM / 5 years ago

Brazil's Embraer posts 3rd qtr profit of $65.3 mln

SAO PAULO, Oct 23 (Reuters) - Brazil’s Embraer, the world’s third-largest commercial planemaker, reported third-quarter net income on Tuesday of 132.5 million reais ($65.30 million), similar to the second quarter and up from a small loss in the year-ago period.

Embraer’s net income fell short of the average estimate of $103 million in a Reuters survey of nine analysts. Analysts gave their estimates in dollars, but Embraer’s initial earnings report was in Brazilian reais.

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