Virgin Galactic Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
15/05/2025 22:01
Virgin Galactic Holdings Inc SPCE.N reported a quarterly adjusted loss of $2.38 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-5.00. The mean expectation of seven analysts for the quarter was for a loss of $2.68 per share. Wall Street expected results to range from $-3.47 to $-2.23 per share. Revenue fell 76.8% to $461.00 thousand from a year ago; analysts expected $400.00 thousand. Virgin Galactic Holdings Inc's reported EPS for the quarter was a loss of $2.38. The company reported a quarterly loss of $84.49 million. Virgin Galactic Holdings Inc shares had risen by 17.2% this quarter and lost 39.6% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 14.3% in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. 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 4 "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 $4.50 This summary was machine generated from LSEG data May 15 at 09:01 p.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 |
| Mar. 31 2025 | -2.68 | -2.38 | Beat |
| Dec. 31 2024 | -3.12 | -2.53 | Beat |
| Sep. 30 2024 | -4.09 | -2.66 | Beat |
| Jun. 30 2024 | -4.92 | -4.36 | Beat |