AeroVironment (AVAV) Shares Plunge 10% on Q4 Miss and Lower 2023 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) Misses Q4 EPS by 9c; Offers FY22 Guidance

June 28, 2022 4:12 PM EDT

AeroVironment (NASDAQ: AVAV) reported Q4 EPS of $0.30, $0.09 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $132.6 million versus the consensus estimate of $135.3 million.

GUIDANCE:

AeroVironment sees FY2023 EPS of $1.35-$1.65, versus the consensus of $1.75. AeroVironment sees... More