Virco Mfg Corp reports results for the quarter ended January 31 - Earnings Summary

• Virco Mfg Corp VIRC.OQ reported a quarterly adjusted loss of 35 cents​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of -14 cents. The lone analyst forecast for the quarter was for a loss of 15 cents per share.

• Revenue fell 12.7% to $28.47 million from a year ago; analysts expected $43.03 million.

• Virco Mfg Corp's reported EPS for the quarter was a loss of 35 cents​.

• The company reported a quarterly loss of $5.73 million.

• Virco Mfg Corp shares had risen by 8.9% this quarter and gained 0.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support supplies peer group is also "strong buy"

• Wall Street's median 12-month price target for Virco Mfg Corp is $17.00

This summary was machine generated from LSEG data April 14 at 01:19 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)