March 20, 2012 / 10:38 PM / 5 years ago

Brazil's Embraer posts $94 mln 4th qtr loss

SAO PAULO, March 20 (Reuters) - Brazil's Embraer, the world's third-largest planemaker, posted a fourth-quarter net loss of 171.6 million reais ($94 million) on Tuesday, compared to a profit of 208 million reais a year earlier.

The planemaker was expected to post a $143 million profit in the quarter, according a Reuters survey of seven analysts who gave their estimates in dollars. Embraer reported its results on Tuesday in Brazilian reais.

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