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Stock impact report

Virgin Galactic (SPCE) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]

Virgin Galactic Holdings, Inc. (SPCE) 
Company Research Source: Yahoo! Finance
This change lagged the S&P 500's daily loss of 0.46%. On the other hand, the Dow registered a loss of 0.98%, and the technology-centric Nasdaq decreased by 0.64%. The company's stock has dropped by 40.42% in the past month, falling short of the Aerospace sector's loss of 6.98% and the S&P 500's loss of 3.04%. The investment community will be closely monitoring the performance of Virgin Galactic in its forthcoming earnings report. The company is scheduled to release its earnings on May 7, 2024. The company's earnings per share (EPS) are projected to be -$0.26, reflecting a 54.39% increase from the same quarter last 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. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.96 per share and revenue of $8.31 million. These totals would mark changes of +35.14% and +22.21%, respecti Show less Read more
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