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

Eltek

21/05/2024 14:31

* Eltek Ltd  ELTK.OQ  reported quarterly adjusted earnings
of 27
cents​​ per share for the quarter ended in January, identical to
the same quarter last year.  The lone analyst forecast for the
quarter was for earnings of 26 cents per share. 
    * Revenue rose 2.7% to $11.78 million from a year ago;
analysts
expected $12.00 million. 
    * Eltek Ltd's reported EPS for the quarter was 27 cents​.
    * Eltek Ltd shares had fallen by 2.2% this quarter and
lost 21.9%
so far this year.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 
    * Wall Street's median 12-month price target for Eltek Ltd
is
$15.00 

This summary was machine generated from LSEG data May 21 at
01:31 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
 Mar. 31 2024      0.26           0.27           Beat
 Dec. 31 2023      0.31           0.22           Missed
 Sep. 30 2023      0.31           0.36           Beat
 Jun. 30 2023      0.20           0.22           Beat