On June 30, AeroVironment rose 20.86% in pre-market trading, trading at $167.35/share, with turnover of $178,300. The surge was driven by the company's fiscal Q4 earnings report released after the prior session's close, which delivered a significant double beat on both revenue and earnings.

Specifically, AeroVironment reported Q4 adjusted EPS of $1.84, exceeding the analyst consensus estimate of $1.46 by 26%, and representing a 14.3% year-over-year increase from $1.61. Quarterly revenue surged to $641.6 million from $275.1 million a year earlier, far surpassing the Street estimate of approximately $558.8 million. The strong results reflected contributions from the BlueHalo consolidation, multiple U.S. military contract awards, and ongoing capacity expansion including a $30 million facility buildout in Albuquerque, New Mexico.

However, the company's fiscal 2027 guidance came in below consensus, with expected adjusted EPS of $3.02 to $3.34 versus the $3.84 analyst estimate, on revenue of $2.125 billion to $2.225 billion. Despite the softer forward outlook, the magnitude of the Q4 beat drove strong pre-market buying momentum.

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