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

Virco Mfg

11/09/2023 15:17

* Virco Mfg Corp  VIRC.OQ  reported quarterly adjusted
earnings of
95 cents​​ per share for the quarter ended in July. The lone
analyst forecast for the quarter was for earnings of 64 cents
per share.
    * Revenue rose 29.6% to $107.32 million from a year ago;
analysts
expected $95.22 million. 
    * Virco Mfg Corp's reported EPS for the quarter was 95
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 11.3% this quarter and
gained 2.7% so far this year.
    * The company reported quarterly net income of $15.53
million.
    * Wall Street's median 12-month price target for Virco Mfg
Corp is
$12.00 
    * 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 LSEG Refinitiv data
September 11 at 02:16 p.m. UTC. ​All figures in US dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.64           0.95           Beat
 Apr. 30 2023      -0.17          -0.09          Beat
 Jan. 31 2023      -0.05          0.25           Beat
 Oct. 31 2022      0.47           0.48           Beat