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Embraer Flies On Booming Earnings And Backlog, Outpacing Boeing, Airbus

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Brazilian jet manufacturer Embraer (EMBJ) reported its best-ever second quarter on Monday. It topped analyst estimates across the board, hiked its full-year guidance and kept up a hot streak of growing its backlog. The stock continues to handily outperform its jet making peers Boeing (BA) and Airbus (EADSY). The strong quarterly results pushed Embraer stock up nearly 7% on Monday…

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