Standpoint Research Upgrades Elbit Systems (ESLT) to Buy

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Go back to Standpoint Research Upgrades Elbit Systems (ESLT) to Buy

Elbit Systems (ESLT) Reports Q2 EPS of $1.35 on Revenues of $892.2M

August 16, 2018 6:03 AM EDT

Elbit Systems (NASDAQ: ESLT) reported Q2 EPS of $1.35, versus $1.61 reported last year. Revenue for the quarter came in at $0 , versus $818.3 million reported last year.

Revenues in the second quarter of 2018 were $892.2 million, as compared to $818.3 million in the second quarter of 2017.Non-GAAP (*) gross profit amounted to $254.8 million (28.6% of revenues) in the second quarter of 2018, as compared to $248.3 million (30.4% of revenues) in the second quarter of 2017. GAAP gross profit in the second quarter of 2018 was $250.0 million (28.0% of revenues), as compared to $242.3 million (29.6% of revenues) in the second quarter of 2017.... More