BUZZ-AeroVironment falls after downbeat 2025 profit forecast, Q3 earnings miss

Reuters
05 Mar
BUZZ-AeroVironment falls after downbeat 2025 profit forecast, Q3 earnings miss

** Shares of military drone maker AeroVironment AVAV.O fall 16.7% to $118.15 in extended trading

** AVAV forecast 2025 adjusted profit to be in the range of $2.92/share to $3.13/share vs est of $3.45/share, per data compiled by LSEG

** Company posts Q3 adjusted per-share earnings of 30 cents vs est of 63 cents apiece

** AVAV reports Q3 net loss of $1.8 million compared with a net income of $13.9 million a year ago

** Company records Q3 adjusted core profit of $21.8 million vs $28.8 million a year earlier

** Up till last close, stock down ~8% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10