AeroVironment, Inc. Announces Fiscal 2020 First Quarter Results

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Canaccord Genuity Reiterates Buy Rating on AeroVironment (AVAV)

September 5, 2019 6:54 AM EDT

Canaccord Genuity analyst Ken Herbert reiterated a Buy rating and $80.00 price target on AeroVironment (NASDAQ: AVAV) following the company's 1Q earnings report. AVAV reported revenues of $86.9M, beating consensus by ~2%. Adjusted EPS of $0.74 was substantially better than expected (compared to consensus of $0.36). Herbert believes... More

AeroVironment (AVAV) Tops Q1 EPS by 39c, Offers FY Guidance

September 4, 2019 4:16 PM EDT

AeroVironment (NASDAQ: AVAV) reported Q1 EPS of $0.74, $0.39 better than the analyst estimate of $0.35. Revenue for the quarter came in at $86.9 million versus the consensus estimate of $86.26 million.

GUIDANCE:

AeroVironment sees FY2020 EPS of $1.47-$1.67, versus the consensus of $1.51. AeroVironment sees... More