Elbit Systems (ESLT) to Release Quarterly Earnings on Tuesday

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

Elbit Systems (NASDAQ:ESLT) last posted its earnings results on Wednesday, August 14th. The aerospace company reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.77 by $0.31. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.57 billion. Elbit Systems had a net margin of 3.85% and a return on equity of 10.70%. During the same period in the prior year, the business posted $1.57 earnings per share. 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 Stock Performance

Elbit Systems stock opened at $235.28 on Tuesday. The company has a current ratio of 1.13, a quick ratio of 0.63 and a debt-to-equity ratio of 0.10. The firm has a 50-day moving average of $208.18 and a 200-day moving average of $196.99. The firm has a market cap of $10.46 billion, a P/E ratio of 43.25 and a beta of 0.51. Elbit Systems has a 1-year low of $175.30 and a 1-year high of $237.70.

Analyst Ratings Changes

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

About Elbit Systems

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.