Benchmark Says AeroVironment Scheduled To Report Q4FY11 In June

According to Benchmark, AeroVironment AVAV is scheduled to report Q4FY11 in late June. Benchmark said that it expects the company to report an inline or better than expected quarter and deliver 13-15% revenue and EPS growth for the full year. “Management tightened its full year guidance range to the highend in March from strong Raven and Puma bookings. Q4 consensus sales and EPS estimates are $100 million and $0.70. We believe the company will likely provide FY12 guidance that brackets consensus sales and EPS estimates of $321 million and $1.25, which represent 12% revenue growth and a 13%+ operating margin.” AeroVironment closed yesterday at $28.97.