Eltek Ltd reports results for the quarter ended September 30 - Earnings Summary

Eltek

19/11/2024 14:31

* Eltek Ltd  ELTK.OQ  reported quarterly adjusted earnings
of 25
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 36
cents.  The lone analyst forecast for the quarter was
for earnings of 31 cents per share. 
    * Revenue rose 14% to $13.52 million from a year ago;
analysts
expected $12.40 million. 
    * Eltek Ltd's reported EPS for the quarter was 25 cents​.
    * Eltek Ltd shares had risen by 3.0% this quarter and
lost 19.4%
so far this year.

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
    * 
    * Wall Street's median 12-month price target for Eltek Ltd
is
$18.00 

This summary was machine generated from LSEG data November 19 at
02:31 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
 Sep. 30 2024      0.31           0.25           Missed
 Jun. 30 2024      0.25           0.11           Missed
 Mar. 31 2024      0.26           0.27           Beat
 Dec. 31 2023      0.31           0.22           Missed