AeroVironment Q1 EPS $1.00 Beats $0.40 Estimate, Sales $152.30M Beat $137.24M Estimate
Portfolio Pulse from Benzinga Newsdesk
AeroVironment reported Q1 earnings of $1.00 per share, beating the analyst consensus estimate of $0.40 by 150%. The company also reported quarterly sales of $152.30 million, surpassing the analyst consensus estimate of $137.24 million by 10.97%. This represents a 1100% increase in earnings and a 40.35% increase in sales compared to the same period last year.
September 05, 2023 | 8:12 pm
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AeroVironment's Q1 earnings and sales significantly exceeded analyst estimates, indicating strong financial performance.
AeroVironment's Q1 earnings and sales beat analyst estimates by a significant margin. This indicates strong financial performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100