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AeroVironment (AVAV) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Wall Street analysts expect AeroVironment (AVAV) to post quarterly earnings of $0.21 per share in its upcoming report, which indicates a year-over-year decline of 78.8%. Revenues are expected to be $187.79 million, up 0.9% from the year-ago quarter.

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

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That said, let's delve into the average estimates of some AeroVironment metrics that Wall Street analysts commonly model and monitor.

Based on the collective assessment of analysts, 'Revenue- Product Sales' should arrive at $150.75 million. The estimate points to a change of +6.5% from the year-ago quarter.

The combined assessment of analysts suggests that 'Revenue- Contract Services' will likely reach $37.69 million. The estimate indicates a year-over-year change of -15.3%.

The consensus estimate for 'Gross margin- Contract services' stands at $8.66 million. The estimate compares to the year-ago value of $3.08 million.

The consensus among analysts is that 'Gross margin- Product sales' will reach $62.32 million. Compared to the present estimate, the company reported $65.32 million in the same quarter last year.

View all Key Company Metrics for AeroVironment here>>>

Shares of AeroVironment have demonstrated returns of +3.2% over the past month compared to the Zacks S&P 500 composite's +3.2% change. With a Zacks Rank #3 (Hold), AVAV is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

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