Elbit Systems (ESLT) Set to Announce Earnings on Tuesday

Elbit Systems (NASDAQ:ESLT) is scheduled to post 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. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Elbit Systems (NASDAQ:ESLT) last released its quarterly earnings results on Wednesday, August 14th. The aerospace company reported $2.08 EPS for the quarter, topping the consensus estimate of $1.77 by $0.31. Elbit Systems had a return on equity of 10.70% and a net margin of 3.85%. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same period in the previous year, the company 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 Price Performance

ESLT opened at $236.88 on Friday. The firm has a market capitalization of $10.53 billion, a PE ratio of 43.54 and a beta of 0.51. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.13 and a quick ratio of 0.63. The business’s 50-day moving average is $211.18 and its two-hundred day moving average is $198.04. Elbit Systems has a 1 year low of $175.30 and a 1 year high of $241.30.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Elbit Systems from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 12th.

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.