Eltek (ELTK) Set to Announce Earnings on Tuesday

Eltek (NASDAQ:ELTK) will be posting its quarterly earnings results before the market opens on Tuesday, November 19th. Analysts expect Eltek to post earnings of $0.31 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Eltek (NASDAQ:ELTK) last released its quarterly earnings results on Thursday, August 15th. The technology company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.14). Eltek had a return on equity of 18.75% and a net margin of 12.85%. The company had revenue of $10.47 million during the quarter, compared to the consensus estimate of $11.90 million. During the same period in the previous year, the firm posted $0.22 earnings per share. On average, analysts expect Eltek to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Eltek Price Performance

Shares of ELTK stock opened at $11.01 on Friday. The stock’s 50-day moving average is $10.72 and its 200 day moving average is $10.55. Eltek has a 1-year low of $9.00 and a 1-year high of $22.80. The company has a market cap of $66.83 million, a P/E ratio of 11.47 and a beta of 0.45.

Eltek Company Profile

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. It offers a range of custom designed PCBs, including rigid, double-sided and multi-layer PCBs, and flexible circuitry boards. The company also provides high density interconnect, flex-rigid, and multi-layered boards.