The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
AeroVironment is set to report its fiscal fourth-quarter earnings on June 29, with analysts anticipating an EPS of $1.47. The company's stock has faced significant pressure, declining 30% year-to-date and nearing annual lows following a recent 10.8% drop. While the firm boasts a record backlog of $1.1 billion, investors remain focused on recovering gross margins which fell to 24% in Q3 due to supply chain pressures and product mix shifts.