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Market Impact: 0.38
AeroVironment (AVAV) Q1 Earnings and Revenues Top Estimates
Source: zacks.com
Corporate EarningsCompany FundamentalsAnalyst EstimatesInfrastructure & Defense
AeroVironment reported quarterly EPS of $0.59, beating the Zacks consensus estimate of $0.22 by $0.37, or roughly 168%. Earnings also increased from $0.32 per share a year earlier, representing approximately 84% year-over-year growth. The sizable earnings beat is positive for the defense-drone company's near-term equity outlook.
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moderately positive
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