Eltek Ltd reports results for the quarter ended in December - Earnings Summary

Eltek

11/03/2024 13:31

* Eltek Ltd  ELTK.OQ  reported quarterly adjusted earnings
of 22
cents​​ per share for the quarter ended in December.  The lone
analyst forecast for the quarter was for earnings of 31 cents
per share. 
    * Revenue was $12.32 million​; analysts expected $12.20
million. 
    * Eltek Ltd's reported EPS for the quarter was 22 cents​.
    * Eltek Ltd shares had fallen by 0.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
semiconductors peer
group is also "buy"

Wall Street's median 12-month price target for Eltek Ltd is
$15.00 
This summary was machine generated from LSEG data March 11 at
01:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.31           0.22           Missed
 Sep. 30 2023      0.31           0.36           Beat
 Jun. 30 2023      0.20           0.22           Beat
 Mar. 31 2023      0.13           0.27           Beat