Virco Mfg Corp reports results for the quarter ended in July - Earnings Summary

Virco Mfg

13/09/2022 15:22

* Virco Mfg Corp  VIRC.OQ  reported quarterly adjusted
earnings of
60 cents​​ per share for the quarter ended in July. The lone
analyst forecast for the quarter was for earnings of 43 cents
per share.
    * Revenue rose 40.3% to $82.80 million from a year ago;
analysts
expected $91.50 million. 
    * Virco Mfg Corp's reported EPS for the quarter was 60
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Virco Mfg Corp shares had risen by 11.4% this quarter and
gained 42.5% so far this year.
    * The company reported quarterly net income of $9.68
million.
    * Wall Street's median 12-month price target for Virco Mfg
Corp is
$8.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data September
13 at 02:22 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.43           0.60           Beat
 Apr. 30 2022      -0.24          -0.32          Missed
 Jan. 31 2022      -0.23          -1.02          Missed
 Oct. 31 2021      0.33           0.08           Missed