Elbit Systems Earnings Preview
Portfolio Pulse from Benzinga Insights
Elbit Systems (NASDAQ:ESLT) is set to release its latest quarterly earnings report on Tuesday, 2023-08-15. Analysts estimate an earnings per share (EPS) of $1.53. Last quarter, the company missed EPS by $0.03, which was followed by a 0.39% increase in the share price. Shares of Elbit Systems were trading at $209.18 as of August 11, with a 52-week return of -6.81%.
August 14, 2023 | 2:01 pm
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Elbit Systems is expected to report an EPS of $1.53 in its upcoming earnings. The company's stock price increased by 0.39% after missing EPS estimates last quarter. The stock is currently trading at $209.18, with a 52-week return of -6.81%.
The upcoming earnings report is a significant event for Elbit Systems. The company's stock price reacted positively to an EPS miss last quarter, indicating that investors may be more focused on other factors. However, the negative 52-week return suggests some investor dissatisfaction. The impact of the earnings report on the stock price will depend on both the reported EPS and the company's future guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100