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AVAV — AeroVironment News Story

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AeroVironment falls after Q2 profit misses estimates

** Shares of military drone maker AeroVironment AVAV.O down 4.5% at $268.70 after Q2 profit comes in below estimates

** Co posts adj. EPS of 44 cents vs est. of 78 cents

** Net income of $21.8 mln, below est. of $35.81 mln

** Co attributes weaker performance to increased non-cash purchase accounting expenses

** Average rating of 16 analysts on the stock is a "buy"; median PT at $400 - data compiled by LSEG

** AVAV stock up 82.9% YTD, as of last close

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))

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