Elbit Systems Earnings Preview
Portfolio Pulse from Benzinga Insights
Elbit Systems (NASDAQ:ESLT) is scheduled to release its quarterly earnings report on March 26, 2024, with an estimated EPS of $1.38. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for future growth. The company's past earnings performance shows a mix of hits and misses, with the stock price reacting accordingly. Shares of Elbit Systems have seen a 19.52% increase over the last 52 weeks, indicating a generally positive outlook from long-term shareholders.
March 25, 2024 | 2:00 pm
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Elbit Systems is anticipated to report an EPS of $1.38 for the upcoming quarter. Investors are hopeful for an earnings beat and positive future guidance. The stock has risen 19.52% over the past year, reflecting a positive sentiment among long-term shareholders.
Given the positive year-over-year stock performance and the anticipation surrounding the earnings report, ESLT's stock is likely to see a short-term positive impact, especially if the company beats the EPS estimate and provides favorable future guidance. However, past performance indicates that any deviation from expected results could lead to volatility in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100