AeroVironment Sees FY24 Adj. EPS $2.30-$2.60 vs $2.04 Est., Revenue $630M-$660M vs $600.24M Est.
Portfolio Pulse from Benzinga Newsdesk
AeroVironment has projected its FY24 earnings per share (EPS) to be between $1.91 and $2.21, which is higher than the estimated $2.04. The company also expects its revenue to be between $630M and $660M, surpassing the estimated $600.24M.
June 27, 2023 | 8:19 pm
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POSITIVE IMPACT
AeroVironment's higher than expected FY24 EPS and revenue forecasts could potentially lead to a positive impact on its stock price.
AeroVironment's EPS and revenue forecasts for FY24 are higher than the estimates. This positive financial outlook could increase investor confidence and potentially lead to a rise in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100