Virgin Galactic (SPCE) Reports Q3 Loss, Misses Revenue Estimates

Virgin Galactic (SPCE) came out with a quarterly loss of $2.66 per share versus the Zacks Consensus Estimate of a loss of$ 4.10. This compares to loss of $5.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 35.12%. A quarter ago, it was expected that this company would post a loss of$ 5.40 per share when it actually produced a loss of $4.36, delivering a surprise of 19.26%.Over the last four quarters, the company has surpasse ...