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.
AeroVironment is set to report Q4 results on June 29, with analysts expecting $557.17M in revenue and EPS of $1.47, supported by a strong balance sheet.
Read the full storyThe U.S. defense firm faces a pivotal earnings report with a record $1.1 billion backlog, as investors focus on margin recovery following the BlueHalo integration.
AeroVironment is set to report Q4 earnings on June 29 with an expected EPS of $1.47, following a sharp double-digit stock decline.
Markets await AeroVironment's fiscal Q4 results on June 29 as the stock faces technical pressure near its yearly lows.