AeroVironment Stock Sinks Despite Better-Than-Expected Q4 Report: Here's Why
1. AVAV reported Q4 earnings of $1.61, beating estimates of $1.42. 2. Quarterly revenue reached $275.05M, exceeding the $242.69M forecast. 3. Year-over-year revenue grew 40% due to increased product sales. 4. CEO noted record revenue and a backlog nearly double from last year. 5. Fiscal 2027 EPS outlook is lower than previous estimates.