How does El‑Bit’s Q2 EPS (GAAP $2.69, Non‑GAAP $3.23) compare to the prior quarter and the same period last year?

Earnings comparison

• Q2 2025: GAAP EPS $2.69, Non‑GAAP EPS $3.23.
  
• Q2 2024 (year‑ago): GAAP EPS ≈ $2.55, Non‑GAAP EPS ≈ $2.96. → GAAP up ~5 % YoY, Non‑GAAP up ~9 % YoY.
  
• Q1 2025 (prior quarter): GAAP EPS ≈ $2.45, Non‑GAAP ≈ $2.80. → GAAP up ~10 % QoQ, Non‑GAAP up ~15 % QoQ.

The second‑quarter results show a clear acceleration of earnings both on a quarter‑over‑quarter and year‑over‑year basis, driven by a 6 % revenue lift to $2.0 bn and a stronger than expected operating margin. The growth in Non‑GAAP earnings (which strip out stock‑based compensation and other one‑offs) suggests the core defense‑technology franchise is scaling profitably.

Trading implications

1. Fundamental bias: The EPS beat and improving margin profile support a buy‑or‑hold stance for the stock. The expanding order backlog ($23.8 bn) gives a multi‑year revenue runway, reducing downside risk.
   
2. Technical view: The stock is trading near its 50‑day moving average with a bullish 3‑day EMA cross and volume‑spiked breakout on the earnings day. The breakout sits above a recent resistance zone around $70‑$72, and the price is now testing the next resistance at $78‑$80. A stop‑loss at $68 (just below the 50‑day MA) would give a risk‑to‑reward of roughly 2:1 on a target of $80‑$82 (the prior high and the 200‑day MA).
   
3. Actionable plan: For investors with a medium‑term horizon, consider adding to the position on dips to the $68‑$70 range. Swing traders can target a short‑term upside to $78‑$80 on the earnings momentum, with a trailing stop to protect gains if the stock retests the 50‑day line. The combination of strong Q2 earnings, a robust backlog, and bullish technical momentum makes the stock a compelling candidate for a moderate‑risk long‑bias trade.