KTOS and ESLT are expanding in advanced defense technologies as demand rises for unmanned systems, electronic warfare and more.
Elbit Systems remains a Buy despite a 17% stock drop, supported by strong Q2 growth and a record $32B backlog. Q2 revenue rose 15.9% year-over-year, with margin expansion and free cash flow more than doubling, though capacity constraints cap near-term upside. Backlog growth is driven by international demand, especially from Europe, but delivery schedules and operational risks remain material.
Elbit Systems Ltd. (ESLT) Q2 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Elbit (ESLT) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Elbit Systems NASDAQ: ESLT reported higher second-quarter revenue, profit and cash flow for 2026, supported by increased demand across Europe, Israel, the U.S. and Asia-Pacific. The defense contractor said its backlog reached a record $32 billion as it continued to add orders from international customers.
Elbit Systems (ESLT) came out with quarterly earnings of $4.14 per share, beating the Zacks Consensus Estimate of $3.69 per share. This compares to earnings of $3.23 per share a year ago.
Beyond analysts' top-and-bottom-line estimates for Elbit (ESLT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2026.
Investors need to pay close attention to ESLT stock based on the movements in the options market lately.
Here is how Elbit Systems (ESLT) and Moog (MOG.A) have performed compared to their sector so far this year.
TTMI, ESLT and KEYS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 1st, 2026.
Here is how Elbit Systems (ESLT) and Moog (MOG.A) have performed compared to their sector so far this year.
Elbit Systems' Q1 call touts record $30.2B backlog, surging European demand and a production buildout, pointing to mid-teens growth and more deals.