AeroVironment Q3 Profit Up - Quick Facts

(RTTNews) - AeroVironment, Inc. (AVAV) Tuesday reported third-quarter profit of $11.2 million or $0.49 per share, up from $3.9 million or $0.17 per share in the same period last year.

On average, 11 analysts polled by Thomson Reuters expected the company to earn $0.19 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 47 percent to $69.2 million from $47.1 million last year. Analysts expected revenues of $64.96 million. Looking ahead to the fiscal 2014, the company continues to expect earnings in the order of $0.35 to $0.50 per share, with revenues ranging between $230 million and $250 million. Analysts currently expect the company to report full-year earnings of $0.27 per share on revenues of $246.26 million.