Virco Manufacturing Corporation (VIRC) Q2 Earnings and Revenues Miss Estimates

Company Performance - Virco Manufacturing Corporation (VIRC) reported quarterly earnings of $0.7 per share, missing the Zacks Consensus Estimate of $0.84 per share, and down from $1.04 per share a year ago, representing an earnings surprise of -16.67% [1] - The company posted revenues of $92.09 million for the quarter ended July 2025, missing the Zacks Consensus Estimate by 19.08%, and down from $108.42 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates only once and has not beaten consensus revenue estimates during the same period [2] Stock Performance - Virco Manufacturing shares have declined approximately 15.4% since the beginning of the year, contrasting with the S&P 500's gain of 10.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.47 on revenues of $85.9 million, and for the current fiscal year, it is $1.00 on revenues of $263.1 million [7] Industry Outlook - The Furniture industry, to which Virco belongs, is currently ranked in the bottom 15% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Virco's stock performance [5][6]