An unmanned aerial car (UAV) on the AeroVironment Inc. sales space through the Particular Operations Forces Business Convention (SOFIC) in Tampa, Florida, US, on Tuesday, Could 17, 2022.
Luke Sharrett | Bloomberg | Getty Pictures
AeroVironment inventory rocketed greater than 20% larger Wednesday because the drone maker beat fourth quarter expectations on the highest and backside traces.
This is how the corporate did in comparison with analyst expectations:
- Earnings: $1.61 per share adjusted vs $1.39 per share anticipated
- Income: $275 million vs $242 million anticipated
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