- AeroVironment’s adjusted EPS for the first quarter was 32 cents, missing the estimated 35 cents and down from 89 cents the previous year.
- The company’s revenue surged to $454.7 million, surpassing the estimated $431.9 million and significantly up from $189.5 million the previous year.
- Gross profit increased by 17% year-over-year, reaching $95.1 million, though it fell short of the estimated $128.6 million.
- Adjusted EBITDA saw a robust increase of 52% year-over-year, totaling $56.6 million, beating the estimated $53.2 million.
- AeroVironment’s shares dropped by 8.2% in post-market trading, settling at $212.00 with 2,683 shares traded.
- The sentiment among analysts appears positive with 13 buy ratings, and no hold or sell ratings.
A look at AeroVironment Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, AeroVironment Inc has a mixed outlook for investors. The company excels in Growth and Momentum, scoring a 5 in both categories. This suggests that AeroVironment is experiencing strong growth in its industry and has positive momentum in its stock performance. However, in terms of Value and Dividend, the company scores lower, with a 2 in Value and a 1 in Dividend. This indicates that investors may not find the stock to be undervalued and may not receive significant dividend payouts.
AeroVironment Inc also demonstrates moderate Resilience, with a score of 3. This suggests that the company may be able to withstand market challenges to some extent. Overall, while AeroVironment shows promising growth opportunities and positive momentum, investors may want to carefully consider the company’s value and dividend prospects before making investment decisions.
Summary of the company: AeroVironment, Inc. designs, develops, and produces small unmanned aircraft and fast charge systems for electric industrial vehicle batteries. The company also offers long-range tracking antenna, sensors, and missile systems, with a focus on the United States market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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