On June 30, AeroVironment surged 20.78% overnight, trading at $167.89/share, with turnover of $334.89.
The rally was driven by the company's fiscal Q4 earnings report, which delivered a substantial double beat on both earnings and revenue. AeroVironment reported adjusted EPS of $1.84, exceeding the analyst consensus estimate of $1.46 by 26.03% and representing a 14.29% year-over-year increase from $1.61. Revenue surged to $641.6 million from $275.1 million a year earlier, well above the FactSet consensus of $556 million. The significant revenue growth reflects the consolidation of BlueHalo and strong demand across defense segments.
Additionally, the company issued fiscal 2027 guidance with adjusted EPS of $3.02 to $3.34 on revenue of $2.125 billion to $2.225 billion. While the revenue outlook is roughly in line with analyst estimates of $2.16 billion, the EPS guidance trails the Street consensus of $3.84, suggesting potential margin headwinds ahead. The earnings release followed recent contract wins including a $20 million US Air Force Research Laboratory contract and ongoing SCAR project negotiations with the US Space Force.
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