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

Reuters
05/14
Virgin Galactic Holdings Inc <spce.n> expected to post a loss of $2.68 a share - Earnings Preview </spce.n>
  • 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.

  • ​LSEG'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. ​

  • 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). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Dec. 31 2024

-3.25

-3.12

-2.53

Beat

19

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. 30 2023

-8.46

-8.58

-5.60

Beat

34.7​

Jun. 30 2023

-10.44

-10.22

-9.20

Beat

10

Mar. 31 2023

-10.56

-10.40

-11.40

Missed

-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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