Elbit Systems (NASDAQ:ESLT) released its quarterly earnings results on Monday. The aerospace company reported $2.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.85 by $0.48, Fidelity Earnings reports. Elbit Systems had a net margin of 5.25% and a return on equity of 15.12%. During the same quarter in the previous year, the business earned $1.64 earnings per share.
NASDAQ ESLT opened at $152.32 on Wednesday. The company has a current ratio of 1.12, a quick ratio of 0.73 and a debt-to-equity ratio of 0.23. The company has a 50-day moving average of $148.47. Elbit Systems has a twelve month low of $116.60 and a twelve month high of $162.77. The company has a market capitalization of $6.73 billion, a PE ratio of 26.04 and a beta of 0.84.
Separately, Zacks Investment Research cut shares of Elbit Systems from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 12th.
Elbit Systems Company Profile
Elbit Systems Ltd. is a technology company, which engages in the development and distribution of defense and homeland security solutions. Its portfolio includes airborne, land, and naval systems and products for defense, homeland security, and commercial applications. The company was founded in 1996 and is headquartered in Haifa, Israel.
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