Recap: Virgin Galactic Hldgs Q3 Earnings

Virgin Galactic Hldgs SPCE reported its Q3 earnings results on Monday, November 8, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Virgin Galactic Hldgs their estimated earnings by 14.29%, reporting an EPS of $-0.32 versus an estimate of $-0.28, which surprised analysts.

Revenue was up $2,580,000 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06, which was followed by a 5.84% increase in the share price the next day.

Here's a look at Virgin Galactic Hldgs's past performance:

 

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate -0.33 -0.27 -0.31 -0.26
EPS Actual -0.39 -0.55 -0.31 -0.34
Revenue Estimate 380.00K 330.00K 520.00K 1.07M
Revenue Actual 571.00K 0 0 0

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!