Elbit Systems (ESLT) Scheduled to Post Quarterly Earnings on Tuesday

Elbit Systems (NASDAQ:ESLT) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, May 28th. Analysts expect the company to announce earnings of $1.60 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Elbit Systems (NASDAQ:ESLT) last issued its earnings results on Tuesday, March 26th. The aerospace company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.18. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.53 billion. Elbit Systems had a return on equity of 10.16% and a net margin of 3.60%. During the same period in the prior year, the business posted $1.68 EPS. On average, analysts expect Elbit Systems to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Elbit Systems Stock Up 1.2 %

ESLT opened at $198.58 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.14 and a quick ratio of 0.67. Elbit Systems has a 12 month low of $183.80 and a 12 month high of $225.64. The stock has a market capitalization of $8.83 billion, a P/E ratio of 41.11 and a beta of 0.55. The business has a 50 day simple moving average of $201.83 and a 200-day simple moving average of $205.70.

Elbit Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 6th. Shareholders of record on Wednesday, April 24th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend was Tuesday, April 23rd. Elbit Systems’s payout ratio is 34.37%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Elbit Systems from a “buy” rating to a “hold” rating in a research report on Monday, May 13th.

Elbit Systems Company Profile

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.