Investing.com - Virgin Galactic Holdings reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Virgin Galactic Holdings announced earnings per share of $-0.55 on revenue of $767K. Analysts polled by Investing.com EPS of $-0.41 on revenue of $107.13K.
Virgin Galactic Holdings 's are down 12% and is trading at $4.60 , still down 78.87% from its 52 week high of $21.68 set on Tuesday, November 9, 2021.
Virgin Galactic Holdings follows other major Industrials sector earnings this month
Virgin Galactic Holdings's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
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