Brazil's Embraer posts loss as weaker currency boosts taxes
SAO PAULO Oct 27 (Reuters) - Brazil's Embraer SA , the world's third-largest commercial planemaker, on Tuesday reported a third-quarter net loss of 388 million reais ($100 million), as a weaker Brazilian currency drove up its deferred tax bill.
The results missed an average forecast of a $55 million profit in a Reuters poll of analysts. Analysts gave their forecasts in U.S. dollars but Embraer initially reported earnings in Brazilian reais.
($1 = 3.9 Brazilian reais) (Reporting by Brad Haynes; editing by Jason Neely)
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