Virgin Galactic (SPCE) Reports Q2 Loss, Tops Revenue Estimates
Virgin Galactic (SPCE) came out with a quarterly loss of $1.47 per share versus the Zacks Consensus Estimate of a loss of $2.12. This compares to a loss of $4.36 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +30.66%. A quarter ago, it was expected that this company would post a loss of $2.23 per share when it actually produced a loss of $2.38, delivering a surprise of -6.73%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Virgin Galactic, which belongs to the Zacks Aerospace - Defense industry, posted revenues of $0.41 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.50%. This compares to year-ago revenues of $4.22 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Virgin Galactic shares have lost about 32.1% since the beginning of the year versus the S&P 500's gain of 7.1%.
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