AeroVironment Q2 2024 Adj. EPS $0.97 Beats $0.62 Estimate, Revenue $180.8M Beats $170.908M Estimate
Portfolio Pulse from Benzinga Newsdesk
AeroVironment reported Q2 2024 adjusted earnings per share (EPS) of $0.97, surpassing the analyst estimate of $0.62. Revenue for the quarter was $180.8 million, also exceeding the expected $170.908 million.
December 05, 2023 | 9:13 pm
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AeroVironment's Q2 2024 financial results exceeded analyst expectations, with an adjusted EPS of $0.97 against estimates of $0.62 and revenue of $180.8M against estimates of $170.908M.
AeroVironment's significant beat on both EPS and revenue estimates is likely to instill investor confidence and could lead to a short-term increase in stock price. The substantial outperformance in key financial metrics suggests operational efficiency and strong demand for the company's products, which investors typically view positively.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100