How does ESLT's 2024 earnings trend compare to peers?

Elbit Systems' (ESLT) 2024 earnings trend appears to be robust compared to its peers in the aerospace sector, as evidenced by several key metrics:

1. **Net Income**: ESLT reported a net income of approximately $90.22 million for 2024, which is a significant figure considering the competitive landscape. For context, TransDigm Group (TDG), one of ESLT's peers, reported a net income of $467 million, while others like Heico A (HEI) reported $150.89 million. This indicates that ESLT's net income is substantial, although it may not be at the higher end of the spectrum.
2. **Comparative Performance**: When compared to StandardAero (SARO), which reported a net income of -$14.05 million, ESLT's profitability stands out. Even compared to companies like Ducommun (DCO) with a net income of $6.77 million, ESLT's net income is considerably higher, suggesting a stronger financial performance.
3. **Earnings Growth**: While specific earnings growth rates for ESLT's peers in 2024 are not available, the reported net incomes serve as a baseline for comparison. The fact that ESLT has a positive net income and outperforms some peers indicates a strong earnings trend.
4. **Market Sentiment and Institutional Confidence**: MarketBeat users gave ESLT an outperform vote of 65.34%, compared to 64.77% for SARO, suggesting positive sentiment around ESLT. Additionally, institutional investments by Vanguard Group Inc. and Arrowstreet Capital Limited Partnership reflect confidence in ESLT's financial health and growth potential.

In conclusion, ESLT's 2024 earnings trend is favorable compared to its peers, showcasing robust profitability and positive market sentiment, which is a testament to its strong position within the aerospace sector.