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

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 jetmaking peers Boeing (BA) and Airbus (EADSY). The strong quarterly results pushed Embraer stock up nearly 9% in premarket trading,…