02:30 PM EDT, 03/11/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.)
AeroVironment ( AVAV ) shares were down 5.5% in Wednesday afternoon trading, a day after the company's fiscal Q3 results fell short of analysts' expectations.
The company reported fiscal Q3 adjusted earnings late Tuesday of $0.64 per diluted share, up from $0.30 a year earlier.
Analysts polled by FactSet expected $0.68.
Revenue in the three months ended Jan. 31 rose to $408 million from $167.6 million a year earlier.
Analysts surveyed by FactSet expected $475.5 million.
For full-year 2026, the company said it now expects adjusted EPS of $2.75 to $3.10 on revenue of $1.85 billion to $1.95 billion. Analysts expect $3.31 and $1.96 billion, respectively.
Price: 209.49, Change: -12.08, Percent Change: -5.45