Virgin Galactic Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
07/08/2025 02:42
Virgin Galactic Holdings Inc SPCE.N reported a quarterly adjusted loss of $1.41 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-4.36. The mean expectation of six analysts for the quarter was for a loss of $2.34 per share. Wall Street expected results to range from $-2.98 to $-1.92 per share. Revenue fell 90.4% to $406.00 thousand from a year ago; analysts expected $540.00 thousand. Virgin Galactic Holdings Inc's reported EPS for the quarter was a loss of $1.47. The company reported a quarterly loss of $67.28 million. Virgin Galactic Holdings Inc shares had risen by 46.2% this quarter and lost 32.1% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 10.5% in the last three months. In the last 30 days, there have been no negative revisions of earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is "buy." Wall Street's median 12-month price target for Virgin Galactic Holdings Inc is $3.88, about 2.5% below its last closing price of $3.78 This summary was machine generated from LSEG data August 7 at 01:41 a.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | -2.34 | -1.41 | Beat |
| Mar. 31 2025 | -2.68 | -2.38 | Beat |
| Dec. 31 2024 | -3.12 | -2.53 | Beat |
| Sep. 30 2024 | -4.09 | -2.66 | Beat |