Elbit Systems (ESLT) to Release Quarterly Earnings on Tuesday

Elbit Systems (NASDAQ:ESLT) will be issuing its quarterly earnings data before the market opens on Tuesday, November 19th. Analysts expect the company to announce earnings of $1.86 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Elbit Systems (NASDAQ:ESLT) last issued its quarterly earnings results on Wednesday, August 14th. The aerospace company reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.31. Elbit Systems had a net margin of 3.85% and a return on equity of 10.70%. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same quarter last year, the business posted $1.57 EPS. On average, analysts expect Elbit Systems to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Elbit Systems Trading Up 2.3 %

Shares of ESLT stock opened at $235.28 on Tuesday. The company has a 50 day moving average of $208.18 and a 200-day moving average of $196.99. The company has a quick ratio of 0.63, a current ratio of 1.13 and a debt-to-equity ratio of 0.10. Elbit Systems has a 12-month low of $175.30 and a 12-month high of $237.70. The firm has a market cap of $10.46 billion, a P/E ratio of 43.25 and a beta of 0.51.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Elbit Systems from a “buy” rating to a “strong-buy” rating in a report on Friday, August 16th.

Elbit Systems Company Profile

Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company operates through Aerospace, C4I and Cyber, ISTAR and EW, Land, and Elbit Systems of America segments.