Investing.com - AeroVironment reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
AeroVironment announced earnings per share of $0.00 on revenue of $111.6M. Analysts polled by Investing.com anticipated EPS of $0.20 on revenue of $113.43M.
AeroVironment shares are up 37% from the beginning of the year , still down 25.41% from its 52 week high of $114.11 set on Tuesday, April 12, 2022.
AeroVironment shares lost 3.23% in after-hours trade the report.
AeroVironment follows other major Industrials sector earnings this month
AeroVironment's report follows an earnings beat by Deere&Company on Wednesday, November 23, 2022, who reported EPS of $7.44 on revenue of $14.35B, compared to forecasts EPS of $7.12 on revenue of $13.48B.
Siemens ADR had beat expectations on Thursday, November 17, 2022 with fourth quarter EPS of $1.74 on revenue of $21.25B, compared to forecast for EPS of $1.65 on revenue of $19.4B.
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