Eltek (ELTK) Set to Announce Quarterly Earnings on Tuesday

Eltek (NASDAQ:ELTK) is scheduled to be announcing its earnings results before the market opens on Tuesday, November 19th. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

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

Eltek Trading Down 0.5 %

NASDAQ ELTK opened at $11.01 on Monday. The business’s 50-day moving average price is $10.72 and its 200 day moving average price is $10.55. Eltek has a twelve month low of $9.00 and a twelve month high of $22.80. The company has a market capitalization of $66.83 million, a PE ratio of 11.47 and a beta of 0.45.

About Eltek

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.