AeroVironment (AVAV) Q1 Earnings Lag Estimates

AeroVironment (AVAV) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.88%. A quarter ago, it was expected that this maker of unmanned aircrafts would post earnings of $1.44 per share when it actually produced earnings of $1.61, delivering a surprise of +11.81%.Over the last four qua ...