AeroVironment falls after downbeat 2025 profit forecast, Q3 earnings miss
ReutersMar 4, 2025 9:48 PM
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
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