Investing.com - Eltek (NASDAQ: ELTK) reported first quarter EPS of $0.220, $0.09 worse than the analyst estimate of $0.310. Revenue for the quarter came in at $12.32M versus the consensus estimate of $12.2M.
Eltek's stock price closed at $13.900. It is down -10.840% in the last 3 months and up 223.370% in the last 12 months.
Eltek saw positive EPS revisions and negative EPS revisions in the last 90 days. See Eltek's stock price’s past reactions to earnings here.
According to InvestingPro, Eltek's Financial Health score is "great performance".
Check out Eltek's recent earnings performance, and Eltek's financials here.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
Should you invest $2,000 in ELTK right now?
With ELTK making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed ELTK alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including ELTK, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is ELTK poised for similar growth? Don't miss the opportunity to find out.
Reveal Undervalued Stocks Now