Virgin Galactic Holdings Inc expected to post a loss of $4.09 a share - Earnings Preview
05/11/2024 24:00
* Virgin Galactic Holdings Inc SPCE.N SPCE.K is expected
to show a rise in quarterly revenue when it reports results on
November 6 for the period ending September 30 2024
* The Tustin California-based company is expected to report
a
29.2% increase in revenue to $2.233 million from $1.73 million a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
* LSEG's mean analyst estimate for Virgin Galactic Holdings
Inc
is for a loss of $4.09 per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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 $6.42.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
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. 30 2023 -8.46 -8.58 -5.60 Beat 34.7
Jun. -10.44 -10.22 -9.20 Beat 10
30 2023
Jan. 1 0001 -10.56 -10.40 -11.40 Missed -9.6
Dec. 31 2022 -10.23 -10.30 -11.00 Missed -6.8
Sep. 30 2022 -8.54 -8.12 -11.00 Missed -35.5
This summary was machine generated November 5 at 00:00 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)