Virgin Galactic (SPCE) Reports Q2 Loss, Tops Revenue Estimates

Virgin Galactic (SPCE) came out with a quarterly loss of $4.36 per share versus the Zacks Consensus Estimate of a loss of $5.40. This compares to loss of $9.20 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 19.26%. A quarter ago, it was expected that this company would post a loss of $5.20 per share when it actually produced a loss of $5, delivering a surprise of 3.85%. Over the last four quarters, the company has surpassed c ...