AeroVironment Stock Falls After Q4 Results, EPS Guidance Below Estimates
Portfolio Pulse from Erica Kollmann
AeroVironment, Inc. (NASDAQ:AVAV) shares fell after reporting Q4 earnings that beat estimates but issuing FY 2025 EPS guidance below expectations. The company reported quarterly earnings of 43 cents per share, beating the 21 cents estimate, and sales of $196.98 million, surpassing the $188.56 million estimate. Despite strong performance in Loitering Munitions Systems, the guidance for FY 2025 EPS of $2.61-$2.92 fell short of the $3.36 consensus, leading to a 7.46% drop in share price.
June 26, 2024 | 8:48 pm
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AeroVironment's Q4 earnings beat estimates, but FY 2025 EPS guidance fell short, leading to a 7.46% drop in share price. The company reported strong revenue growth, particularly in Loitering Munitions Systems, but the lower-than-expected guidance has raised concerns.
Despite strong Q4 earnings and revenue growth, the lower-than-expected FY 2025 EPS guidance has led to a significant drop in share price. Investors are likely concerned about the company's future profitability, which is reflected in the immediate negative market reaction.
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IMPORTANCE 90
RELEVANCE 100