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Elbit Systems (IL:ESLT)
:ESLT
Earnings Data
Report Date
Jun 03, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
613.89Last Year’s EPS
606.54Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 18, 2025
|% Change Since: 9.23%
|Next Earnings Date:Jun 03, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue growth, strong backlog, and international expansion, particularly in Europe. Despite some challenges with decreased gross margins and increased financial expenses, the overall performance and strategic positioning in international markets were positive.Company Guidance
During the Elbit Systems fourth quarter 2024 earnings call, the company reported significant growth across multiple financial metrics. Revenues for the fourth quarter increased by 19% year-over-year to $1.93 billion, leading to a full-year revenue growth of 14% to $6.83 billion. The company's backlog reached a record $22.6 billion, with 65% of it generated outside of Israel. The non-GAAP operating income for the fourth quarter rose to $157.5 million, or 8.2% of revenues, while the non-GAAP diluted EPS increased to $2.66 from $1.56 in the same quarter of 2023. Free cash flow for 2024 was $320 million, with operating cash flow reaching $535 million. The company also announced a dividend of $0.60 per share. The growth was driven by increased demand across various segments, particularly in Aerospace, which saw a 27% increase in revenues, and Land, which experienced a 29% increase. The company continues to focus on expanding its product portfolio and geographical presence, especially in Europe, which contributed 27% of the annual revenues.Record Revenue Growth
Fourth quarter revenues increased by 19% to $1,930 million compared to $1,626 million in the fourth quarter of 2023. Full-year 2024 revenues increased by 14% to $6,828 million compared to $5,975 million in 2023.
Strong Backlog and International Growth
Backlog of orders as of December 31, 2024, was $22.6 billion, approximately $4.8 billion higher than the backlog at the end of 2023. Approximately 65% of the current backlog was generated from outside of Israel.
Increased Free Cash Flow
Delivered $320 million of free cash flow in 2024, a significant improvement from previous years.
EPS Growth
Non-GAAP diluted EPS was $8.76 in the full-year of 2024, compared to $6.70 in the full-year of 2023. GAAP diluted EPS was $7.18 for the full-year of 2024 compared to $4.82 in 2023.
Expansion in Europe
Significant contracts secured, including for NATO European countries and German government aircraft, alongside a EUR150 billion defense budget announced by the European Commission.
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IL:ESLT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IL:ESLT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 18, 2025 | 133200.00 | 149190.00 | +12.00% |
| Nov 19, 2024 | 88173.04 | 92584.68 | +5.00% |
| Aug 14, 2024 | 70596.87 | 73484.47 | +4.09% |
| May 28, 2024 | 72059.57 | 70500.61 | -2.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Elbit Systems (IL:ESLT) report earnings?
Elbit Systems (IL:ESLT) is schdueled to report earning on Jun 03, 2025, TBA Not Confirmed.
What is Elbit Systems (IL:ESLT) earnings time?
Elbit Systems (IL:ESLT) earnings time is at Jun 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Elbit Systems stock?
The P/E ratio of Elbit Systems is N/A.
What is IL:ESLT EPS forecast?
IL:ESLT EPS forecast for the fiscal quarter 2025 (Q1) is 613.89.
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