Elbit Systems (NASDAQ:ESLT – Get Free Report) posted its earnings results on Tuesday. The aerospace company reported $2.66 EPS for the quarter, topping analysts’ consensus estimates of $1.95 by $0.71, Zacks reports. Elbit Systems had a net margin of 4.00% and a return on equity of 11.34%. The business had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.78 billion.
Elbit Systems Trading Up 10.6 %
NASDAQ:ESLT opened at $408.53 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 0.64 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 $416.50. The company has a market cap of $18.16 billion, a PE ratio of 69.83 and a beta of 0.53. The company has a 50 day simple moving average of $312.94 and a two-hundred day simple moving average of $257.80.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Elbit Systems from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 25th.
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.
Further Reading
- Five stocks we like better than Elbit Systems
- The 3 Best Retail Stocks to Shop for in August
- 3 Energy Stocks With Cheap Valuations and Big Returns Ahead
- Where Do I Find 52-Week Highs and Lows?
- 3 Stocks Returning Billions to Shareholders via Buybacks
- What is a support level?
- Tesla: 1 Reason to Love It, 1 Reason to Be Cautious
Receive News & Ratings for Elbit Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Elbit Systems and related companies with MarketBeat.com's FREE daily email newsletter.
