The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Elbit Systems' revenues will expand 1.9% and EPS will increase 7.7%.
The average estimate for revenue is $704.9 million. On the bottom line, the average EPS estimate is $0.98.
Last quarter, Elbit Systems reported revenue of $690.8 million. GAAP reported sales were 11% higher than the prior-year quarter's $620.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.67. GAAP EPS of $0.77 for Q1 were 18% higher than the prior-year quarter's $0.65 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 28.3%, 160 basis points worse than the prior-year quarter. Operating margin was 6.0%, 60 basis points worse than the prior-year quarter. Net margin was 4.8%, 30 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.93 billion. The average EPS estimate is $4.46.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 242 members out of 243 rating the stock outperform, and one member rating it underperform. Among 47 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 47 give Elbit Systems a green thumbs-up.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Elbit Systems is hold, with an average price target of $54.00.
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