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Stock impact report

Q4 Earnings Highlights: AeroVironment (NASDAQ:AVAV) Vs The Rest Of The Defense Contractors Stocks [Yahoo! Finance]

AeroVironment, Inc. (AVAV) 
Last aerovironment, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.avinc.com/investor-relations
Company Research Source: Yahoo! Finance
Looking back on defense contractors stocks' Q4 earnings, we examine this quarter's best and worst performers, including AeroVironment (NASDAQ:AVAV) and its peers. Defense contractors typically require technical expertise and government clearance. Companies in this sector can also enjoy long-term contracts with government bodies, leading to more predictable revenues. Combined, these factors create high barriers to entry and can lead to limited competition. Lately, geopolitical tensions–whether it be Russia's invasion of Ukraine or China's aggression towards Taiwan–highlight the need for defense spending. On the other hand, demand for these products can ebb and flow with defense budgets and even who is president, as different administrations can have vastly different ideas of how to allocate federal funds. The 14 defense contractors stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 2.6% while next quarter's revenue guidance was 4% above Show less Read more
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