Shares of AeroVironment (AVAV -3.59%) are falling on Wednesday. The company's stock had lost 4.4% as of 2:05 p.m.
AeroVironment (AVAV -4.22%), a leader in unmanned aircraft systems and advanced technologies, released its fiscal 2025 third-quarter results on March 4. For the period, which ended Jan. 25, the company reported a revenue decrease of 10.2% to $167.6 million from $186.6 million the previous year, a slide that management attributed to environmental disruptions and a drop-off in Ukraine-related sales.
AeroVironment, Inc. (NASDAQ:AVAV) is down 19.1% at $114.84 at last glance, following the defense contractor's fiscal third-quarter earnings miss and disappointing full-year guidance, with estimates of $780 to $795 million falling short of analysts' expected $820 million.
U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Wednesday.
AeroVironment, Inc. (NASDAQ:AVAV ) Q3 2025 Earnings Conference Call March 4, 2025 4:30 PM ET Company Participants Jonah Teeter-Balin - Vice President, Corporate Development and Investor Relations Wahid Nawabi - Chairman, President and Chief Executive Officer Kevin McDonnell - Senior Vice President and Chief Financial Officer Conference Call Participants Gregory Konrad - Jefferies Peter Arment - Baird Louie DiPalma - William Blair Andre Madrid - BTIG Operator Good day and thank you for standing by. Welcome to the AeroVironment Fiscal 2025 Third Quarter Conference Call.
AeroVironment (AVAV) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.63 per share a year ago.
Tuesday, AeroVironment reported an operating loss of $3.1 million, down from a profit of $14.3 million a year ago. Wall Street was looking for a $14 million profit.
Defense contractor AeroVironment shares sink on quarterly miss on top and bottom line.
AVAV's fiscal Q3 results are likely to reflect favorable impacts of revenue growth from LMS and MW units amid the adverse impacts of higher marketing costs.
Beyond analysts' top -and-bottom-line estimates for AeroVironment (AVAV), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2025.
In the closing of the recent trading day, AeroVironment (AVAV) stood at $153.65, denoting a +1.29% change from the preceding trading day.
In the latest trading session, AeroVironment (AVAV) closed at $158.13, marking a -0.45% move from the previous day.