AeroVironment, Inc. Announces Fiscal 2016 First Quarter Results
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Canaccord Genuity Cuts Price Target on AeroVironment (AVAV) to $24 Following 1Q16
September 2, 2015 9:13 AM EDTCanaccord Genuity maintained a Hold rating on AeroVironment (NASDAQ: AVAV), and cut the price target to $24.00 (from $30.00), following the company's 1Q16 earnings results. Reported results of 47.1$M in revenues and ($0.30) in EPS compared to consensus estimates of $53.9M/($0.15). AVAV management reiterated full year... More
AeroVironment (AVAV) Misses Q1 EPS by 15c
September 1, 2015 4:10 PM EDTAeroVironment (NASDAQ: AVAV) reported Q1 EPS of ($0.30), $0.15 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $47.1 million versus the consensus estimate of $53.92 million.
As of August 1, 2015, funded backlog (unfilled firm orders for which funding is currently appropriated to us under... More
