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Sign InAeroVironment (AVAV) has significantly lowered its adjusted earnings per share guidance for the current fiscal year, sparking investor concern. The defense contractor now expects earnings to fall within a range of $2.75 to $3.10 per share, down from its previous forecast of $3.40 to $3.55. Management attributed the downward revision to internal timing issues that have adversely impacted recent financial results. This substantial cut signals lower-than-anticipated profitability, which is expected to weigh heavily on the stock's performance. Analysts suggest that these challenges may reflect operational complexities in contract execution within the drone and defense sector. Markets are now closely monitoring how the company addresses these hurdles to restore shareholder confidence.