AeroVironment's Guidance Keeps Getting Better Despite Its ~2x EPS Growth
AVAVAeroVironment(AVAV) Seeking Alpha·2024-03-07 05:14

yucelyilmaz Investment thesis AeroVironment (NASDAQ:AVAV) reported its Q3 FY24, which significantly outperformed consensus expectations, with its 91% growth in non-GAAP EPS pleasantly surprising me as well. But the surprises on the upside didn’t just stop there, with the drone maker raising its guidance for the remainder of the year while hinting at some strong growth as it heads into FY25. These results were a significant improvement from my first research note on AeroVironment a couple of months ago, wher ...