AeroVironment is trading 5.6% down at $138.89 as management maintained guidance implying lower adjusted EPS at the midpoint because facility and capacity expansion will increase depreciation expense.

  • September 9 earnings exceeded estimates, but investors remain cautious about cash flow, spending, and the pace of future growth.
  • Shares are declining despite broader U.S. markets gaining more than 0.5%, amid volatility following earlier financial restatements and contract concerns.