Elbit Systems Ltd's stock surged 9.02% in pre-market trading on Tuesday, marking a significant upward movement for the defense technology company.

The sharp price increase comes as investors anticipate the company's upcoming quarterly earnings release, which is scheduled before the markets open. Analysts are expecting Elbit Systems to report earnings of $3.37 per share on revenue of $2.16 billion for the quarter.

Market participants are closely watching the earnings results, which could provide insights into the company's financial performance and future outlook, driving the pre-market trading activity.