AeroVironment Q3 Earnings Preview

AeroVironment AVAV unveils its next round of earnings Tuesday. Get prepared with Benzinga's ultimate preview for AeroVironment's Q3 earnings.

Earnings and Revenue

Analysts expect AeroVironment earnings of 5 cents per share. Revenue will likely be around $62.5 million, according to the consensus estimate.

In the same quarter last year, AeroVironment reported an EPS loss of 9 cents on revenue of $53.16 million. If the company were to post earnings inline with the consensus estimate when it reports Tuesday, EPS would be up 155.56 percent. Sales would be up 17.58 percent from the year-ago period.

Here's how the AeroVironment's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 84.22 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating from analysts on AeroVironment stock is a Sell. The strength of this rating has maintained conviction over the past three months.

Conference Call

AeroVironment is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here.