$CrowdStrike (CRWD.US)$ I don't understand why people are ready to put their money in such a highly expensive valuation. There are too many in this sector far below this valuation. This is your money, and we all are here to make a profit, not taking pure risks. My analysis shows deep correction from here. Stock is good for profit booking (if any), not for investing at this high valation. I shall wait for my target around $110.
My research and ana...

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.