Virco Mfg Corp expected to post a loss of 24  cents a share - Earnings Preview

Virco Mfg

07/06/2022 12:00

* Virco Mfg Corp  VIRC.OQ   VIRC.O  is expected to show a
rise in
quarterly revenue when it reports  results on June 9
(estimated). 
    * The Torrance California-based  company is expected to
report  a
44.9% increase in revenue to $41.1 million from $28.37 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Virco Mfg Corp is
for a
loss of 24 cents per share. For the same quarter last year, the
company reported a loss of 25 cents per share.
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Virco Mfg
Corp is
$7​, above​ its last closing price of $3.25. ​​​

This summary was machine generated June 7 at 11:00 GMT.  All
figures in US dollars  unless otherwise stated