** 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))