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AeroVironment (AVAV)
NASDAQ:AVAV
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Earnings Data
Report Date
Mar 11, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
$0.61Last Year’s EPS
$0.63Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 04, 2024
|% Change Since: -16.69%
|Next Earnings Date:Mar 11, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue growth and key contract wins, especially in the Loitering Munition Systems segment. However, there were notable challenges, including a decline in Uncrewed Systems revenue and increased expenses leading to lower net income and adjusted EBITDA. While the call presented both positive developments and challenges, the company's strategic moves and strong backlog position provide an optimistic outlook.Company Guidance
During the AeroVironment Fiscal 2025 Second Quarter Earnings Call, the company reaffirmed its guidance for fiscal year 2025, projecting revenue with 95% visibility to the midpoint of the guidance range, alongside adjusted EBITDA and non-GAAP EPS. Second quarter revenue reached a record $188 million, driven by the Loitering Munition Systems (LMS) segment which saw a 61% year-over-year increase to nearly $78 million. The funded backlog increased to $467 million, supported by significant contract awards, including two large sole-source Switchblade IDIQ awards with a $1.7 billion ceiling. Additionally, AeroVironment announced its agreement to acquire BlueHalo, expected to enhance its defense technology portfolio, with the combined company projected to deliver approximately $1.7 billion in annual revenue.Record-Breaking Revenue
Second quarter revenue rose to $188 million, setting a new second quarter record for the company.
Loitering Munition Systems Surge
Loitering Munition Systems segment delivered record revenues of nearly $78 million, a 61% year-over-year increase.
Funded Backlog Growth
The funded backlog increased to a healthy $467 million.
Key Contract Wins
Awarded two large sole-source Switchblade IDIQ contracts with a $1.7 billion ceiling.
Launch of P550
Launched the P550, a new Group 2 UAS, expected to be a significant revenue driver.
BlueHalo Acquisition
Announced agreement to acquire BlueHalo, expected to enhance AeroVironment’s portfolio and deliver $1.7 billion in annual revenue.
International Demand for Switchblade
Received FMS orders from Lithuania, Romania, and Sweden; Taiwan and Greece announced intentions to purchase Switchblade systems.
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AVAV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AVAV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 04, 2024 | $196.89 | $165.62 | -15.88% |
| Sep 05, 2024 | $194.04 | $183.73 | -5.31% |
| Jun 26, 2024 | $192.81 | $177.91 | -7.73% |
| Mar 04, 2024 | $130.65 | $167.15 | +27.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does AeroVironment (AVAV) report earnings?
AeroVironment (AVAV) is schdueled to report earning on Mar 11, 2025, TBA Not Confirmed.
What is AeroVironment (AVAV) earnings time?
AeroVironment (AVAV) earnings time is at Mar 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AVAV EPS forecast?
AVAV EPS forecast for the fiscal quarter 2025 (Q3) is $0.61.
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