Preview Of Elbit Systems Ltd. ($ESLT) 3Q20 Earnings

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Elbit Systems Ltd. (NASDAQ:ESLT) is reporting third quarter earnings results on Tuesday 24th November 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 1.60 per share.

For the full year, analysts predict revenues of $ 4691.10 million, while looking forward to income of $ 7.09 per share.

Previous Quarter Performance

Elbit Systems Ltd. disclosed income for the second quarter of $ 1.56 per share, from the revenue of $ 1,079.00 million. Street analysts expected income of $ 1.59 per share. The bottom line results missed street analysts by $ 0.03 or 1.89 percent.

Stock Performance

Shares of Elbit Systems Ltd. traded low $ -1.12 or -0.96 percent on Monday, reaching $ 114.99 with volume of 28.70 thousand shares. Elbit Systems Ltd. has traded high as $ 115.96 and has cracked $ 113.89 on the downward trend

According to the previous trading day, closing price of $ 114.99, representing a 5.55 % increase from the 52 week low of $ 110.00 and a 30.78 % decrease over the 52 week high of $ 167.75.

The company has a market capital of $ 4.86 billion and is part of the Industrials sector and Aerospace & Defense industry.

Conference Call

Elbit Systems Ltd. will be hosting a conference call at 9:00 AM eastern time on 24th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-866-744-5399 (United States) or +972-3-918-0610 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.elbitsystems.com

Elbit Systems Ltd. develops and supplies a range of airborne, land, and naval systems and products for defense, homeland security, and commercial aviation applications worldwide. The company offers military aircraft and helicopter systems; commercial aviation systems and aero structures; unmanned aircraft systems and unmanned surface vessels; electro-optic and countermeasures systems; land vehicle systems; munitions; command, control, communications, computer, intelligence, surveillance, and reconnaissance and cyber systems; electronic warfare and signal intelligence systems; and commercial cyber security products.