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Stock impact report

Virgin Galactic (SPCE) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]

Virgin Galactic Holdings, Inc. (SPCE) 
Company Research Source: Yahoo! Finance
The stock exceeded the S&P 500, which registered a gain of 0.11% for the day. At the same time, the Dow added 0.12%, and the tech-heavy Nasdaq lost 0.12%. Shares of the company have depreciated by 16.57% over the course of the past month, underperforming the Aerospace sector's gain of 3.33% and the S&P 500's gain of 3.55%. Investors will be eagerly watching for the performance of Virgin Galactic in its upcoming earnings disclosure. The company is forecasted to report an EPS of -$0.26, showcasing a 54.39% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $2 million, indicating a 412.82% upward movement from the same quarter last year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.96 per share and revenue of $8.31 million, indicating changes of +35.14% and +22.21%, respectively, compared to the previous year. Furthermore, it would be beneficial for investo Show less Read more
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