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SPCE

Virgin Galactic Holdings Inc.

$6.72

Earnings Summary

Revenue
$1.99Mn
Net Profits
$-102.01Mn
Net Profit Margins
-5139.14%

Highlights

Revenue:

Virgin Galactic Holdings Inc.’s revenue jumped 406.38% since last year same period to $1.99Mn in the Q1 2024. On a quarterly growth basis, Virgin Galactic Holdings Inc. has generated -29.33% fall in its revenue since last 3-months.

Net Profits:

Virgin Galactic Holdings Inc.’s net profit jumped 36% since last year same period to $-102.01Mn in the Q1 2024. On a quarterly growth basis, Virgin Galactic Holdings Inc. has generated 1.9% jump in its net profits since last 3-months.

Net Profit Margins:

Virgin Galactic Holdings Inc.’s net profit margin jumped 87.36% since last year same period to -5139.14% in the Q1 2024. On a quarterly growth basis, Virgin Galactic Holdings Inc. has generated -38.83% 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. post its latest quarter earnings

EPS Estimate Current Quarter
-4.92
EPS Estimate Current Year
-4.92

Highlights

EPS Estimate Current Quarter:

Virgin Galactic Holdings Inc.’s earning per share (EPS) estimates for the current quarter stand at -4.92 - a -1596.55% fall from last quarter’s estimates.

EPS Estimate Current Year:

Virgin Galactic Holdings Inc.’s earning per share (EPS) estimates for the current year stand at -4.92.

Key Ratios

Key ratios of the Virgin Galactic Holdings Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
-0.25
Return on Assets (ROA)
-0.28
Return on Equity (ROE)
-1.13

Highlights

Earning Per Share (EPS):

Virgin Galactic Holdings Inc.’s earning per share (EPS) jumped 56.14% since last year same period to -0.25 in the Q1 2024. This indicates that the Virgin Galactic Holdings Inc. has generated 56.14% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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.’s return on assets (ROA) stands at -0.28.

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.’s return on equity (ROE) stands at -1.13.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-07
-0.29
-0.25
13.79%