Virgin Galactic (SPCE) Reports Q1 Loss, Lags Revenue Estimates

Virgin Galactic (SPCE) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of$ 0.26. This compares to loss of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.85%. A quarter ago, it was expected that this company would post a loss of$ 0.30 per share when it actually produced a loss of $0.25, delivering a surprise of 16.67%.Over the last four quarters, the company has surpassed ...