AeroVironment (AVAV) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - AeroVironment reported revenue of $167.64 million for the quarter ended January 2025, reflecting a year-over-year decline of 10.2% and an EPS of $0.30 compared to $0.63 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $189.25 million by 11.42%, and the EPS was 48.28% below the consensus estimate of $0.58 [1] Revenue Breakdown - Contract Services revenue was $27.88 million, below the estimated $35.79 million, representing a year-over-year decline of 9% [4] - Product Sales revenue was $139.75 million, compared to the estimated $160.30 million, indicating a year-over-year decrease of 10.4% [4] Gross Margin Analysis - Gross margin for Contract Services was $4.45 million, significantly lower than the estimated $8.96 million [4] - Gross margin for Product Sales was $58.75 million, also below the estimated $64.91 million [4] Stock Performance - AeroVironment shares have returned -23.8% over the past month, contrasting with the Zacks S&P 500 composite's -4.1% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), suggesting potential for outperformance in the near term [3]