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Elbit: 4Q Earnings Snapshot

Elbit: 4Q Earnings Snapshot

Associated Press

HAIFA, Israel (AP) _ Elbit Systems Ltd. (ESLT) on Tuesday reported fourth-quarter profit of $1.1 million.

The Haifa, Israel-based company said it had profit of 3 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.91 per share.

The maker of defense electronics posted revenue of $1.08 billion in the period.

For the year, the company reported profit of $206.7 million, or $4.84 per share. Revenue was reported as $3.68 billion.

Elbit shares have risen 15 percent since the beginning of the year. The stock has fallen nearly 5 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ESLT at https://www.zacks.com/ap/ESLT