Elbit Systems Reports Fourth Quarter And Full Year 2020 Results
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Elbit Systems (ESLT) Tops Q4 EPS by 45c, Revenues Beat
March 24, 2021 5:56 AM EDTElbit Systems (NASDAQ: ESLT) reported Q4 EPS of $2.38, $0.45 better than the analyst estimate of $1.93. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.33 billion.
Fourth quarter 2020 results:
Net income attributable to non-controlling interests was $0.1 million in the fourth quarter of 2020, as compared to a loss of $0.3 million in the fourth quarter of 2019.Non-GAAP(*) net income attributable to the Company's shareholders in the fourth quarter of 2020 was $105.0 million (7.6% of revenues), as compared to $109.3 million (8.3% of revenues) in the fourth quarter of 2019. GAAP net income attributable to the Company's... More