Embraer (ERJ Quick QuoteERJ - Free Report) reported $1.49 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 15.6%. EPS of $0.44 for the same period compares to $0.32 a year ago.

The reported revenue represents a surprise of +6.42% over the Zacks Consensus Estimate of $1.4 billion. With the consensus EPS estimate being $0.24, the EPS surprise was +83.33%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Embraer performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenue- Commercial Aviation

  : $554 million compared to the $486.84 million average estimate based on three analysts. The reported number represents a change of +17.4% year over year.

• Revenue- Executive Aviation

  : $336 million versus the three-analyst average estimate of $347.15 million. The reported number represents a year-over-year change of -11.1%.

• Revenue- Other

  : $14 million compared to the $17.96 million average estimate based on three analysts. The reported number represents a change of -31% year over year.

• Revenue- Services & Support

  : $404 million versus $435.88 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +18.9% change.

• Revenue- Defense & Security

  : $187 million compared to the $116.20 million average estimate based on three analysts. The reported number represents a change of +126.9% year over year.

View all Key Company Metrics for Embraer here>>>

Shares of Embraer have returned -7.9% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.