Virgin Galactic Holdings Inc - Class A logo

SPCE

Virgin Galactic Holdings Inc - Class A

$6.61

Earnings Summary

Revenue
$0.36Mn
Net Profits
$-110.72Mn
Net Profit Margins
-31014.29%

Highlights

Revenue:

Virgin Galactic Holdings Inc - Class A’s revenue fell -37.48% since last year same period to $0.36Mn in the Q2 2022. On a quarterly growth basis, Virgin Galactic Holdings Inc - Class A has generated 11.91% jump in its revenue since last 3-months.

Net Profits:

Virgin Galactic Holdings Inc - Class A’s net profit fell -17.74% since last year same period to $-110.72Mn in the Q2 2022. On a quarterly growth basis, Virgin Galactic Holdings Inc - Class A has generated -18.98% fall in its net profits since last 3-months.

Net Profit Margins:

Virgin Galactic Holdings Inc - Class A’s net profit margin fell -88.32% since last year same period to -31014.29% in the Q2 2022. On a quarterly growth basis, Virgin Galactic Holdings Inc - Class A has generated -6.32% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Virgin Galactic Holdings Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.36
EPS Estimate Current Year
-0.36

Highlights

EPS Estimate Current Quarter:

Virgin Galactic Holdings Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.36 - a -12.5% fall from last quarter’s estimates.

EPS Estimate Current Year:

Virgin Galactic Holdings Inc - Class A’s earning per share (EPS) estimates for the current year stand at -0.36.

Key Ratios

Key ratios of the Virgin Galactic Holdings Inc - Class A post its Q2 2022 earnings

Return on Assets (ROA)
-0.23
Return on Equity (ROE)
-0.61
Dividend Per Share (DPS)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Virgin Galactic Holdings Inc - Class A’s return on assets (ROA) stands at -0.23.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Virgin Galactic Holdings Inc - Class A’s return on equity (ROE) stands at -0.61.

Dividend Per Share (DPS):

Virgin Galactic Holdings Inc - Class A declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
-0.32
-0.36
-12.5%

Company Information

Virgin Galactic Holdings, Inc. is a vertically integrated aerospace and space travel company, pioneering human spaceflight for private individuals and researchers, as well as a manufacturer of advanced air and space vehicles. It is developing a spaceflight system designed to offer customers a unique and transformative experience.

Organisation
Virgin Galactic Holdings Inc - Class A
Employees
823
Industry
Finance