AeroVironment (AVAV) Offers Additional Q1 Commentary; Sees Q2 GM in Low-30% Range
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Stifel Remains Sidelined on AeroVironment (AVAV) Following 1Q Report
August 31, 2016 10:16 AM EDTStifel reiterated a Hold rating on AeroVironment (NASDAQ: AVAV) following the company's 1Q earnings report. AV took a $1.8m charge in 1Q to account for higher warranty costs. Management indicated that, excluding the higher warranty costs in 1Q, results were largely in line with expectations.
Analyst... More
Piper Jaffray Cuts Price Target on AeroVironment (AVAV) to $31 Following Weak 1Q Results
August 31, 2016 7:57 AM EDTPiper Jaffray maintained an Overweight rating on AeroVironment (NASDAQ: AVAV), and cut the price target to $31.00 (from $37.00), following the company's 1Q earnings report. Revenues of $36.2M were down 23.0% on a year/year basis and came in $1.6M below consensus estimates ($37.8M). EPS missed consensus estimates by $0.33.
Analyst Troy Jensen... More
AeroVironment (AVAV) Reports Q1 Loss Per Share of 51c
August 30, 2016 4:12 PM EDTAeroVironment (NASDAQ: AVAV) reported Q1 EPS of ($0.51), may not compare to the analyst estimate of ($0.17). Revenue for the quarter came in at $36.2 million versus the consensus estimate of $37.81 million.
**Loss per share for the first fiscal quarter of 2016 was impacted by... More
