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SPCE — Virgin Galactic Holdings News Story

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Virgin Galactic Holdings Inc expected to post a loss of $2.68 a share - Earnings Preview

Virgin Galactic Holdings Inc SPCE.N, SPCE.K is expected to show a fall in quarterly revenue when it reports  results on May 15 for the period ending March 31 2025

The Tustin California-based  company is expected to report a 79.8% decrease in revenue to $400 thousand from $1.99 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on February 26 2025, for the period ended March 31, was for revenue of $4.000 million.

‚ÄãLSEG's mean analyst estimate for Virgin Galactic Holdings Inc is for a loss of $2.68 per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and 4 "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 5.2% in the last three months. ‚Äã

Wall Street's median 12-month price target for Virgin Galactic Holdings Inc is $4.50​, above​ its last closing price of $3.16. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äã

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Dec. 31 2024-3.25-3.12-2.53Beat19
Sep. 30 2024-4.03-4.09-2.66Beat35
Jun. 30 2024-4.93-4.92-4.36Beat11.5‚Äã
Mar. 31 2024-5.79-5.77-5.00Beat13.4
​​Dec. 31 2023-6.04-6.02-5.20Beat13.7
Sep. 30 2023-8.46-8.58-5.60Beat34.7‚Äã
Jun. 30 2023-10.44-10.22-9.20Beat10
Mar. 31 2023-10.56-10.40-11.40Missed-9.6
This summary was machine generated May 13 at 20:20 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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