Elbit Systems reports Q2 EPS $3.23, consensus $2.66

Reports Q2 revenue $1.97B, consensus $1.96B. The company’s order backlog as of June 30 totaled $23.8B. The company said, “Elbit Systems (ESLT) delivers strong financial results, with revenues growing 21% year over year and non-GAAP EPS up 55%, as well as strong free cash flow generation; leveraging strong domestic and global demand and presence. Elbit Systems continues its upward momentum, driven by sustained demand for its proven technologies and solutions. The Company’s long-term strategy and investments have positioned the Company for continued future growth. Elbit Systems’ robust presence in Europe, built through subsidiaries, production infrastructure, and strategic partnerships, has laid the groundwork for securing major contracts that strengthen customer relationships. Elbit Systems’ dedicated employees worldwide continue to be the driving force behind these milestones.”