Elbit Systems Ltd ESLT.TA reported quarterly adjusted earnings of $2.21 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.65. The mean expectation of two analysts for the quarter was for earnings of $1.86 per share.
Revenue rose 14.4% to $1.72 billion from a year ago; analysts expected $1.61 billion.
Elbit Systems Ltd's reported EPS for the quarter was $1.77.
The company reported quarterly net income of $79.11 million.
Elbit Systems Ltd shares had risen by 17.5% this quarter and gained 10.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the aerospace & defense peer group is also "hold"
Wall Street's median 12-month price target for Elbit Systems Ltd is $215.00
This summary was machine generated from LSEG data November 19 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 1.86 | 2.21 | Beat |
Jun. 30 2024 | 1.77 | 2.08 | Beat |
Mar. 31 2024 | 1.35 | 1.81 | Beat |
1.56 |
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