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 |