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Stock impact report

Virgin Galactic (SPCE) Exceeds Market Returns: Some Facts to Consider [Yahoo! Finance]

Virgin Galactic Holdings, Inc. (SPCE) 
Company Research Source: Yahoo! Finance
The stock exceeded the S&P 500, which registered a gain of 0.03% for the day. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq appreciated by 0.12%. Heading into today, shares of the company had lost 32% over the past month, lagging the Aerospace sector's loss of 5.49% and the S&P 500's loss of 0.9% in that time. The upcoming earnings release of Virgin Galactic will be of great interest to investors. On that day, Virgin Galactic is projected to report earnings of -$0.26 per share, which would represent year-over-year growth of 54.39%. Meanwhile, our latest consensus estimate is calling for revenue of $2 million, up 412.82% from the prior-year quarter. For the full year, the Zacks Consensus Estimates project earnings of -$0.96 per share and a revenue of $8.31 million, demonstrating changes of +35.14% and +22.21%, respectively, from the preceding year. It is also important to note the recent changes to analyst estimates for Virgin Galactic. These latest ad Show less Read more
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