ELTK Earnings Prediction
The chart below shows how ELTK performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ELTK sees a -6.28% change in stock price 10 days leading up to the earnings, and a +13.48% change 10 days following the report. On the earnings day itself, the stock moves by +2.93%. This data can give you a slight idea of what to expect for the next quarter's release.
ELTK Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
13.52M
13.99%
29.18%
Gross Margin
26.01%
-16.15%
66.41%
Operating Margin
14.11%
-27.57%
264.60%
Net Margin
12.66%
-30.06%
76.32%
EPS
0.25
-30.56%
127.27%
No Data Available
ELTK Earnings Analysis
Eltek Ltd Corporation (ELTK.O) Earnings Conference Call
Positive
Record Revenue Achievement: We concluded the third quarter of 2024 with a record revenue totaling $13.5 million.
Market Segment Contributions: During this period, self-defense market segment represents 64% of our total sales, while the industrial market segment contributed 14% and the medical market segment accounted for 7%.
Gross Profit and Margin: Gross profit for the third quarter was $3.5 million, resulting in a gross margin of 26%.
Operating Cash Flow Comparison: We generated positive cash flow from operating activities of $1.6 million compared to $3.6 million in Q3 2023.
Net Profit Comparison: Net profit for Q3 2024 was $1.7 million or $0.25 per share, compared to $2.1 million or $0.36 per share in Q3 2023.
Negative
Record Revenue Achievement: We concluded the third quarter of 2024 with a record revenue totaling $13.5 million.
Gross Profit Comparison: Gross profit for the third quarter was $3.5 million, compared to $3.7 million in Q3 2023.
Operating Profit Decline: Operating profit for Q3 2024 was $1.9 million compared to $2.3 million in the same period last year.
Financial Income Comparison: We recorded financial income of $0.1 million in Q3 2024 compared to $0.3 million in Q3 2023.
Net Profit Comparison Q3: Net profit for Q3 2024 was $1.7 million or $0.25 per share, compared to $2.1 million or $0.36 per share in Q3 2023.
ELTK FAQs
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ELTK Earning Call Sentiment
Eltek Ltd. (ELTK) Q3 2024 Earnings Call Transcript
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00:00
00:00
ELTK.O
-0.61%Positive
The earnings call highlights several concerns: declining profitability despite revenue growth, unclear future revenue guidance, and operational risks from investment projects. The Q&A reveals management's lack of clarity on revenue forecasts and investment impacts, which could unsettle investors. Although there is optimism about defense sector demand and a new dividend policy, these are overshadowed by financial declines and market demand risks. Thus, a negative sentiment is likely, projecting a stock price decrease of -2% to -8% over the next two weeks.