Benzinga | Sep 9, 2020 04:10PM EDT

AeroVironment Q1 EPS $0.42 Beats $0.40 Estimate, Sales $87.50M Beat $80.48M Estimate

AeroVironment (NASDAQ:AVAV) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.40 by 5 percent. This is a 43.24 percent decrease over earnings of $0.74 per share from the same period last year. The company reported quarterly sales of $87.50 million which beat the analyst consensus estimate of $80.48 million by 8.72 percent. This is a 0.68 percent increase over sales of $86.91 million the same period last year.