Elbit Systems Q2 Adj EPS $1.57 Misses $1.65 Estimate, Sales $1.45B Beat $1.40B Estimate
Portfolio Pulse from Benzinga Newsdesk
Elbit Systems (NASDAQ:ESLT) reported Q2 earnings of $1.57 per share, missing the analyst consensus estimate of $1.65 by 4.85%. This is a 9.25% decrease from the same period last year. However, the company's quarterly sales of $1.45 billion beat the estimate of $1.40 billion by 4.00%, marking an 11.58% increase from last year.
August 15, 2023 | 7:32 am
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Elbit Systems' Q2 earnings per share missed estimates by 4.85%, but sales beat estimates by 4.00%. This mixed report may lead to uncertain short-term price movement.
Elbit Systems' Q2 earnings missed estimates, which could negatively impact the stock price. However, the company beat sales estimates, which could have a positive effect. The mixed results make the short-term price movement uncertain.
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