AeroVironment (AVAV) Misses Q4 EPS by 9c; Offers FY22 Guidance

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AeroVironment (AVAV) PT Raised to $90 at Canaccord Genuity

June 29, 2022 7:20 AM EDT

Canaccord Genuity analyst Austin Moeller raised the price target on AeroVironment (NASDAQ: AVAV) to $90.00 (from $85.00) while maintaining a Buy rating following earnings.

The analyst commented, "AeroVironment (AVAV) reported Q4/22 revenues of $132.6M and adj. EPS of $0.30, which came in below our estimates by (5%) and... More

AeroVironment (AVAV) Shares Plunge 10% on Q4 Miss and Lower 2023 Guidance

June 28, 2022 5:30 PM EDT

AeroVironment (NASDAQ: AVAV) shares drop nearly 10% after-hours Tuesday following the companys reported Q4 results, with EPS of $0.30 coming in worse than the consensus estimate of $0.39. Revenue declined 2% year-over-year to $132.6 million, compared to the consensus estimate of $135.3 million, reflecting a decrease in product sales of... More