Virco Mfg Corp reports results for the quarter ended July 31 - Earnings Summary

Reuters
Sep 08
Virco Mfg Corp reports results for the quarter ended July 31 - Earnings Summary
  • Virco Mfg Corp VIRC.OQ reported quarterly adjusted earnings of 65 cents​​ per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of $1.04. The lone analyst forecast for the quarter was for earnings of 84 cents per share.

  • Revenue fell 15.1% to $92.09 million from a year ago; analysts expected $113.84 million.

  • Virco Mfg Corp's reported EPS for the quarter was 65 cents​.

  • The company reported quarterly net income of $10.19 million.

  • Virco Mfg Corp shares had risen by 10.5% this quarter and lost 14.0% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged 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 "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support supplies peer group is "buy."

  • Wall Street's median 12-month price target for Virco Mfg Corp is $12.00, about 26.5% above its last closing price of $8.82

This summary was machine generated from LSEG data September 8 at 01:31 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

Jul. 31 2025

0.84

0.65

Missed

Apr. 30 2025

-0.13

0.05

Beat

Jan. 31 2025

-0.15

-0.35

Missed

Oct. 31 2024

0.87

0.52

Missed

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