AeroVironment (AVAV) Tops Q4 EPS by 31c, Offers FY19 Guidance

AeroVironment (NASDAQ: AVAV) reported Q4 EPS of $0.85, $0.31 better than the analyst estimate of $0.54. Revenue for the quarter came in at $117.4 million versus the consensus estimate of $116.16 million.

BACKLOG

As of April 30, 2018, funded backlog (unfilled firm orders for which funding is currently appropriated to us under a customer contract) was $174.3 million compared to $70.9 million as of April 30, 2017.

GUIDANCE:

AeroVironment sees FY2019 EPS of $1.10-$1.40, may not compare to consensus of $1.00. AeroVironment sees FY2019 revenue of $290-310 million, may not compare to consensus of $336.99 million.

For earnings history and earnings-related data on AeroVironment (AVAV) click here.

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