Virgin Galactic Holdings Inc expected to post a loss of $2.97 a share - Earnings Preview

Virgin Galactic Holdings

24/02/2025 21:26

* Virgin Galactic Holdings Inc  SPCE.N   SPCE.K  is expected
to show a fall in quarterly revenue when it reports  results on
February 26 for the period ending December 31 2024
    * The Tustin California-based  company is expected to report
a
21.8% decrease in revenue to $2.196 million from $2.81 million a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Virgin Galactic Holdings
Inc
is for a loss of $2.97 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Virgin
Galactic
Holdings Inc is $7.00​, above​ its last closing price of $4.24.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -4.03       -4.09      -2.66     Beat    35
 Jun. 30 2024  -4.93       -4.92      -4.36     Beat    11.5
 Mar. 31 2024  -5.79       -5.77      -5.00     Beat    13.4​
 Dec. 31 2023  -6.04       -6.02      -5.20     Beat    13.7
 ​​Sep.        -8.46       -8.58      -5.60     Beat    34.7
 30 2023                                                
 Jun. 30 2023  -10.44      -10.22     -9.20     Beat    10​
 Mar. 31 2023  -10.56      -10.40     -11.40    Missed  -9.6
 Dec. 31 2022  -10.23      -10.30     -11.00    Missed  -6.8
 This summary was machine generated February 24 at 21:26 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)