Elbit: Q4 Financial Overview
Elbit Systems Announces Strong Fourth Quarter Results
Elbit Systems Ltd., headquartered in Haifa, Israel, revealed a net profit of $168.2 million for the fourth quarter.
The company reported earnings of $3.52 per share, with adjusted earnings—excluding special items—coming in at $3.56 per share.
These figures surpassed the expectations of Wall Street analysts, as the consensus from three experts polled by Zacks Investment Research predicted earnings of $3.23 per share.
During the quarter, Elbit Systems, a leader in defense electronics, generated $2.15 billion in revenue.
For the full year, the company achieved a profit of $534.3 million, or $11.39 per share, with total revenue reaching $7.94 billion.
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