AeroVironment (NAS: AVAV) reported earnings on June 26. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended April 30 (Q4), AeroVironment met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share improved.
Margins dropped across the board.
AeroVironment booked revenue of $110.7 million. The 13 analysts polled by S&P Capital IQ predicted a top line of $111.3 million on the same basis. GAAP reported sales were 4.4% higher than the prior-year quarter's $106.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.80. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.71 per share. GAAP EPS of $0.80 for Q4 were 1.3% higher than the prior-year quarter's $0.79 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 44.8%, 350 basis points worse than the prior-year quarter. Operating margin was 23.3%, 240 basis points worse than the prior-year quarter. Net margin was 16.1%, 50 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $67.1 million. On the bottom line, the average EPS estimate is $0.05.
Next year's average estimate for revenue is $348.2 million. The average EPS estimate is $1.38.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 581 members out of 599 rating the stock outperform, and 18 members rating it underperform. Among 112 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 111 give AeroVironment a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on AeroVironment is hold, with an average price target of $31.40.
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The article AeroVironment Beats Analyst Estimates on EPS originally appeared on Fool.com.
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