Virco Manufacturing (VIRC) Projected to Release Quarterly Earnings on Friday

Key Points

• Virco Manufacturing is expected to report Q2 2027 results before the market opens Friday, September 4. Analysts forecast earnings of $0.07 per share on revenue of $72.10 million.
• The company’s previous quarter fell short on earnings, reporting a loss of $0.18 per share versus the $0.01 consensus estimate, although revenue of $30.69 million exceeded expectations.
• Shares opened at $5.98, while analysts maintain a generally negative outlook with an average “Reduce” rating. Company insiders recently purchased shares, and Virco pays a quarterly dividend of $0.025 per share, yielding about 1.7%.

Virco Manufacturing (NASDAQ:VIRC - Get Free Report) will likely be issuing its Q2 2027 results before the market opens on Friday, September 4th. Analysts expect the company to post earnings of $0.07 per share and revenue of $72.10 million for the quarter. Investors may review the information on the company's upcoming Q2 2027 earning report page for the latest details on the call scheduled for Wednesday, September 2, 2026 at 12:30 PM ET.

Virco Manufacturing (NASDAQ:VIRC - Get Free Report) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.19). The company had revenue of $30.69 million during the quarter, compared to analyst estimates of $27.20 million. Virco Manufacturing had a negative return on equity of 0.16% and a negative net margin of 0.48%.

Virco Manufacturing Price Performance

NASDAQ:VIRC opened at $5.98 on Friday. The stock has a market cap of $94.07 million, a P/E ratio of -99.65 and a beta of 0.22. Virco Manufacturing has a one year low of $5.16 and a one year high of $8.90. The company has a fifty day moving average price of $6.11 and a 200 day moving average price of $6.11. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.71 and a quick ratio of 0.90.

Virco Manufacturing Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, June 19th were issued a dividend of $0.025 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.10 annualized dividend and a dividend yield of 1.7%. Virco Manufacturing's payout ratio is presently -166.67%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on VIRC shares. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Virco Manufacturing in a research report on Wednesday, July 8th. Freedom Capital lowered Virco Manufacturing from a "strong-buy" rating to a "hold" rating in a research note on Thursday, June 4th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Virco Manufacturing presently has an average rating of "Reduce".

Insider Buying and Selling at Virco Manufacturing

In other news, EVP Douglas A. Virtue bought 8,083 shares of Virco Manufacturing stock in a transaction dated Wednesday, July 8th. The shares were bought at an average price of $6.00 per share, for a total transaction of $48,498.00. Following the purchase, the executive vice president owned 888,663 shares of the company's stock, valued at approximately $5,331,978. This trade represents a 0.92% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert A. Virtue bought 4,300 shares of the stock in a transaction dated Thursday, June 11th. The stock was purchased at an average cost of $6.22 per share, for a total transaction of $26,746.00. Following the acquisition, the chief executive officer owned 506,124 shares in the company, valued at $3,148,091.28. The trade was a 0.86% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 13,788 shares of company stock valued at $83,674 over the last quarter. Corporate insiders own 16.94% of the company's stock.

Hedge Funds Weigh In On Virco Manufacturing

Several institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its holdings in Virco Manufacturing by 25.7% during the 1st quarter. AQR Capital Management LLC now owns 317,915 shares of the company's stock worth $3,007,000 after buying an additional 64,944 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Virco Manufacturing by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 265,554 shares of the company's stock worth $1,697,000 after acquiring an additional 4,355 shares during the last quarter. Bridgeway Capital Management LLC raised its position in shares of Virco Manufacturing by 3.4% during the fourth quarter. Bridgeway Capital Management LLC now owns 95,057 shares of the company's stock worth $607,000 after acquiring an additional 3,095 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Virco Manufacturing by 32.0% during the second quarter. Ameriprise Financial Inc. now owns 82,517 shares of the company's stock valued at $658,000 after acquiring an additional 20,004 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Virco Manufacturing by 9.5% during the first quarter. Goldman Sachs Group Inc. now owns 62,829 shares of the company's stock valued at $594,000 after acquiring an additional 5,436 shares during the period. 30.97% of the stock is owned by institutional investors.

About Virco Manufacturing

Virco Manufacturing Corporation NASDAQ: VIRC is a leading American manufacturer of furniture, primarily serving the K-12 education market. Headquartered in Torrance, California, the company designs, produces and distributes a comprehensive range of classroom seating, student desks, tables and educational workstations. Over several decades, Virco has built a reputation for durable, cost-effective solutions tailored to the needs of schools, colleges and other institutional customers.

The company's product portfolio includes molded plastic and wood-seat student chairs, modular and fixed-height desks, multi-purpose tables, computer furniture, laboratory stools and teacher furnishings.

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