AeroVironment (AVAV) Tops Q4 EPS by 14c; Issues FY16 Revenue Outlook

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Canaccord Genuity Reiterates Hold Following AeroVironment's (AVAV) 4Q15 Results

July 1, 2015 9:05 AM EDT

Canaccord Genuity reiterates a Hold ratingand $30.00 price target on AeroVironment (NASDAQ: AVAV) following 4Q15 results. AVAV reported revenues of $86.5M compared to consensus of $85.7M. EPS was reported at $0.31 versus $0.18 consensus. Management provided initial fiscal 2016 guidance of $260M to $280M in revenues.

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