Elbit Systems Ltd reports results for the quarter ended September 30 - Earnings Summary

Reuters11-19
Elbit Systems Ltd reports results for the quarter ended September 30 - Earnings Summary
  • 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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