Elbit Systems is trading 8.84% down now at $771.23 after investors looked past a second-quarter earnings and revenue beat.
- Revenue rose 16% to $2.29 billion, while adjusted EPS reached $4.14; aerospace revenue declined 8% and R&D expenses increased 23%.
- Record backlog and margin expansion were overshadowed by concerns about execution, regional operational risks, and the stock’s elevated valuation.