Tag Archives: tim conver

AeroVironment (AVAV) Crushed 25% After Poor Earnings

AeroVironment (AVAV) isn’t being treated all that well by traders in after hours trading. The company missed by a wide margin on both EPS, reporting .06 lower than analyst estimates at .21/share (a 25% haircut over the year ago quarter) and on revenues, reporting just $52.2 million in the quarter.  That was $13 million lower than expectations and just an 8% bump over the year ago quarter.  Needless to say the stock is getting punished … Read the rest