Elbit Systems is trading 10.31% down now at ILA 231,660, with the decline attributed primarily to elevated valuation and profit-taking despite strong second-quarter results.

  • Reported adjusted EPS of $4.14, revenue of $2.29 billion, and a backlog of $32 billion.
  • Reuters confirmed profit and revenue increased year over year.
  • The Tel Aviv Defense Index fell 2.14%, indicating sector pressure.