HAIFA, Israel (AP) _ Elbit Systems Ltd. (ESLT) on Thursday reported second-quarter profit of $89.3 million.

On a per-share basis, the Haifa, Israel-based company said it had net income of $2.02. Earnings, adjusted for one-time gains and costs, were $1.56 per share.

The maker of defense electronics posted revenue of $1.08 billion in the period.

Elbit shares have decreased 10% since the beginning of the year. The stock has dropped 14% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ESLT at https://www.zacks.com/ap/ESLT

Automated Insights, source Associated Press News