Virgin Galactic Holdings, Inc. (SPCE) is expected to report Q2 2021 earnings at 5:00 pm ET on August 5 and 5:00 am SGT on August 6. You can listen to the live earnings call by subscribing to it.
Sales and Revenue
SPCE initially rocketed up more than 120% and then fell dramatically before recovering in the first half of 2021, according to Nasdaq. In May, SPCE announced its Q1 FY21 earnings that dramatically missed analyst expectations. With a -$0.55 reported EPS value and zero revenue, the company delivered a negative earnings surprise of 77.42%.
Earnings Preview
According to Zacks Investment Research, Virgin Galactic has an earnings growth estimate of 0%. The consensus EPS forecast for the quarter is $-0.3 based on 3 analysts' forecasts. On Yahoo Finance, 5 analysts have made an average estimate of $380k in Q2 avenue, a -56.80% YoY sales growth.
What's your opinion about SPCE? What's your expectation? Leave your comments to discuss below this post.
Disclaimer: The live video is made available for informational purposes only.
Jgerich :
Wendyfbe : haha idk what to expect.... what y’all think?
LuCkySe7eN : They earned 500 million dollars from investors, I know that much!
101782432 : Good
Wendyfbe LuCkySe7eN : hmm buy or not buy
Rachel 2 : Good
PoloMimi : hope is good
Andre88888888 : Later take shares and sell again
GratefulPanda : i do hope it succeeds so we can all literally to to the moon in the future
AL52 LuCkySe7eN : yeah. good business move but ouch for those invested
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