28 March 2023 12:00 p.m. All figures in US dollars. The profits announced by Elbit Systems Ltd in the fourth quarter were lower than the Refinitiv mean estimate of profits. The company reported profits of $1.68 per share, 46 cents lower than the same quarter last year when the company reported EPS of $2.14. Profits of $1.86 per share were forecast by the single analyst providing an estimate for the quarter. The company reported revenue of $1.51 billion, which is higher than the estimated $1.49 billion. RECOMMENDATIONS * The single recommendation for the company is "Hold". * The average consensus recommendation for the aerospace & defense peer group is also "Hold". FORECAST CHANGES * One analyst is currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There was no change to the number of estimates. YEAR OVER YEAR * The company reported an increase in revenue to $1.51 billion from $1.49 billion in the same quarter last year. * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Sep. 30 2022 2.11 1.40 Missed Jun. 30 2022 2.09 1.73 Missed Mar. 31 2022 1.90 1.22 Missed Dec. 31 2021 2.18 2.14 Missed This summary was machine generated from Refinitiv data March 28 at 12:00 p.m.
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