Elbit Systems

Elbit Systems Ltd. operates as an international high technology company. It engages in a wide range of defense, homeland security and commercial programs. The firm operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (C4ISR), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. It focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems. The company was founded in 1996 and is headquartered in Haifa, Israel.

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Elbit Systems Ltd. engages in the defense and homeland security sector. It develops and supplies airborne, land and naval systems and products for defense, homeland security, and commercial applications. The firm also provides training and support services. The company was founded in 1996 and is headquartered in Haifa, Israel.

Elbit Systems' stock surged 15% due to the upcoming operational status of its high-powered laser interception system, Iron Beam, by Nov. 2025. Elbit's order backlog of $21.1 billion suggests revenue could hit $7 billion in 2025, with further growth expected from global markets. Despite recent gains, ESLT stock remains undervalued compared to peers, trading at lower multiples in sales, EV to Forward Sales and price-to-book ratios.

Elbit's Backlog And New Iron Beam Project Bolster 'Undervalued' View

HAIFA, Israel , Nov. 5, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded a follow-on contract of approximately $127 million to supply Iron Fist Active Protection Systems (APS) to General Dynamics Ordnance and Tactical Systems (GD-OTS) for upgrades to the U.S. Army's Bradley M2A4E1 Infantry Fighting Vehicles (IFVs).

Elbit Systems Awarded $127 Million Contract to Supply Iron Fist APS for Upgrading U.S. Army's Bradley IFVs

Conference Call Scheduled for November 19, 2024 at 10:00am ET HAIFA, Israel , Oct. 29, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it will be releasing its third quarter 2024 financial results on Tuesday, November 19, 2024.

Elbit Systems Schedules Third Quarter 2024 Results Release For November 19, 2024

HAIFA, Israel , Oct. 28, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded an approximately $200 million contract by the Israeli Ministry of Defense (IMOD) to supply high-power laser systems for the "Iron Beam" air defense system.

Elbit Systems Awarded Approximately $200 Million Contract by the Israeli MOD to Supply High-Power Laser for the "Iron Beam" Air Defense System

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HAIFA, Israel , Sept. 20, 2024 /PRNewswire/ -- Elbit Systems Ltd.

Elbit Systems Announces the Results of its Annual General Meeting of Shareholders Held on September 19, 2024

Elbit Systems' revenues grew in Q2, driven by increased demand for defense equipment and services, particularly in Israel. Adjusted operating profit increased, with backlog reaching $21.1 billion by the end of the second quarter. Analysts expect higher EBITDA and free cash flow for Elbit Systems, leading to a buy rating with a $236 price target for a 19% upside.

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Elbit Systems Ltd. (NASDAQ:ESLT ) Q2 2024 Earnings Conference Call August 14, 2024 9:00 AM ET Company Participants David Ravia - Investor Relations Director Butzi Machlis - President and CEO Kobi Kagan - Chief Financial Officer Conference Call Participants Pete Skibitski - Alembic Global Greg Konrad - Jefferies Omri Efroni - Oppenheimer Operator Ladies and gentlemen, thank you for standing by.

Elbit Systems Ltd. (ESLT) Q2 2024 Earnings Call Transcript

Elbit Systems (ESLT) came out with quarterly earnings of $2.08 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.57 per share a year ago.

Elbit Systems (ESLT) Q2 Earnings and Revenues Surpass Estimates

Order backlog at $21.1 billion; Revenues of $1.6 billion ; Non-GAAP net income of $93 million; GAAP net income of $78 million ; Non-GAAP net EPS of $2.08; GAAP net EPS of $1.76 HAIFA, Israel , Aug. 14, 2024 /PRNewswire/ -- Elbit Systems Ltd. ("Elbit Systems" or the "Company") (NASDAQ: ESLT) (TASE: ESLT), the international high technology defense company, reported today its consolidated results for the second quarter ended June 30, 2024.

ELBIT SYSTEMS REPORTS SECOND QUARTER 2024 RESULTS

HAIFA, Israel , Aug. 8, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded a contract worth approximately $130 million to supply Iron Fist Active Protection Systems (APS) to BAE Systems Hägglunds.

Elbit Systems Awarded $130 Million Contract to Supply Iron Fist APS to BAE Systems Hägglunds for a European Country

HAIFA, Israel , Aug. 6, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded a contract worth approximately $270 million to supply rocket artillery to an international customer.

Elbit Systems Awarded Approximately $270 Million Contract to Supply Rocket Artillery for an International Customer

HAIFA, Israel , Aug. 1, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today, that it was awarded a contract in an amount of approximately $340 million for the supply of ammunition to the Israeli Ministry of Defense (IMOD).

Elbit Systems Awarded a Contract of Approximately $340 Million for the Supply of Ammunition to the Israeli Ministry of Defense

HAIFA, Israel , July 29, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it was awarded a contract worth approximately $190 million to supply its Iron Sting laser and GPS-guided mortar munition to the Israeli Ministry of Defense.

Elbit Systems Awarded Approximately $190 Million Contract to Supply Iron Sting Guided Mortar Munition to the Israeli Ministry of Defense

Conference Call Scheduled for August 14, 2024 at 9:00am ET HAIFA, Israel , July 18, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it will be releasing its second quarter 2024 financial results on Wednesday, August 14, 2024.

Elbit Systems Schedules Second Quarter 2024 Results Release For August 14, 2024

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Elbit (ESLT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Elbit (ESLT) Upgraded to Strong Buy: Here's What You Should Know

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HAIFA, Israel , June 10, 2024 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that S&P Global Ratings Maalot Ltd.

S&P Global Ratings Maalot Reaffirms Elbit Systems' Long Term Rating of "ilAA" (Local Scale), With a Stable Outlook and Short Term Rating of "ilA-1+" (Local Scale)

Elbit (ESLT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down -7.54% in 4 Weeks, Here's Why You Should You Buy the Dip in Elbit (ESLT)

Elbit Systems Ltd. (NASDAQ:ESLT ) Q1 2024 Earnings Conference Call May 28, 2024 9:00 AM ET Company Participants David Ravia - VP, IR Kobi Kagan - EVP & CFO Butzi Machlis - President & CEO Conference Call Participants Peter Skibitski - Alembic Global Sheila Kahyaoglu - Jefferies Omri Efroni - Oppenheimer Operator Ladies and gentlemen, thank you for standing by.

Elbit Systems Ltd. (ESLT) Q1 2024 Earnings Call Transcript

News for Elbit Systems Stock (ESLT)