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

Virgin Galactic (SPCE) came out with a quarterly loss of $2.38 per share versus the Zacks Consensus Estimate of a loss of$ 2.23. This compares to loss of $5 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.73%. A quarter ago, it was expected that this company would post a loss of$ 3.60 per share when it actually produced a loss of $2.53, delivering a surprise of 29.72%.Over the last four quarters, the company has surpassed c ...