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Israeli Defense Giant Elbit Systems Order Backlog Hits $25 Billion, Stock Soars
Benzinga
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1 day ago
Elbit Systems rose after reporting Q3 results that beat earnings estimates despite missing on revenue. Margins improved, backlog hit $25.2 billion, and a new $2.3 billion international contract boosted sentiment as shares climbed premarket.
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00:00
It's Benzinga bringing Wall Street to Main Street.
00:02
Elbit Systems' stock rose on Tuesday after the company reported third quarter 2025 results,
00:07
according to Benzinga. Revenue came in at $1.92 billion, below the consensus of $2.02 billion,
00:15
while adjusted gross margin expanded to 25.2% and operating margin increased to 9.7%.
00:22
Adjusted EPS rose to $3.35, beating expectations of $2.78.
00:30
The order backlog reached $25.2 billion, and operating cash flow for the nine-month period
00:36
increased to $461 million from $82.5 million a year ago. On Monday, Elbit announced an
00:44
international contract valued at about $2.3 billion that will be executed over eight years.
00:50
Shares traded higher by 5.23% to $529.55 pre-market on Tuesday.
00:57
For all things money, visit Benzinga.com.
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