Revenue Update on Elbit Systems Ltd(NASDAQ:ESLT)

Elbit Systems Ltd(NASDAQ:ESLT) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Mar 22, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $1.82.

Elbit Systems Ltd (ESLT) made into the market gainers list on Fridays trading session with the shares advancing 0.13% or 0.15 points. Due to strong positive momentum, the stock ended at $114.52, which is also near the day’s high of $114.94. The stock began the session at $114.86 and the volume stood at 32,054 shares. The 52-week high of the shares is $121.22 and the 52 week low is $88.45. The company has a current market capitalization of $4,895 M and it has 4,27,47,884 shares in outstanding.

Elbit Systems Ltd is an Israel-based company engaged in the fields of defense homeland security and commercial aviation. The Company develops and supplies airborne land and naval systems and products for defense homeland security and commercial aviation applications. In addition it provides support services and its major activities include military aircraft and helicopter systems; helmet mounted systems; commercial aviation systems and aero-structures; unmanned aircraft and unmanned surface vessels; land vehicle systems; command control communications computer and intelligence (C4I) systems; intelligence and cyber systems; electro-optic and countermeasures systems; homeland security systems; electronic warfare and signal intelligence systems and various commercial activities.

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