Virco Mfg. (VIRC) to Release Quarterly Earnings on Friday

Virco Mfg. (NASDAQ:VIRC - Get Free Report) is expected to be announcing its Q1 2026 earnings results before the market opens on Friday, June 6th. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $41.10 million for the quarter.

Virco Mfg. (NASDAQ:VIRC - Get Free Report) last posted its quarterly earnings data on Monday, April 14th. The company reported ($0.35) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.20). Virco Mfg. had a net margin of 8.93% and a return on equity of 24.63%. The business had revenue of $28.47 million during the quarter, compared to analyst estimates of $43.00 million. On average, analysts expect Virco Mfg. to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Virco Mfg. Stock Performance

Shares of VIRC traded up $0.05 during mid-day trading on Tuesday, hitting $8.20. 51,503 shares of the company's stock were exchanged, compared to its average volume of 182,439. The company has a current ratio of 2.88, a quick ratio of 1.70 and a debt-to-equity ratio of 0.03. Virco Mfg. has a fifty-two week low of $8.00 and a fifty-two week high of $18.50. The business's 50 day moving average is $9.07 and its two-hundred day moving average is $10.64. The firm has a market capitalization of $131.91 million, a P/E ratio of 5.29 and a beta of 0.37.

Virco Mfg. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Wednesday, March 26th were paid a $0.025 dividend. The ex-dividend date was Wednesday, March 26th. This represents a $0.10 annualized dividend and a dividend yield of 1.22%. Virco Mfg.'s dividend payout ratio (DPR) is currently 7.46%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its position in Virco Mfg. by 9.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 62,829 shares of the company's stock worth $594,000 after purchasing an additional 5,436 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in shares of Virco Mfg. in the first quarter valued at approximately $186,000. Empowered Funds LLC acquired a new position in Virco Mfg. during the first quarter worth $258,000. Finally, AQR Capital Management LLC grew its stake in shares of Virco Mfg. 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 purchasing an additional 64,944 shares during the period. 30.97% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded Virco Mfg. from a "buy" rating to a "hold" rating in a report on Tuesday, April 22nd.

About Virco Mfg.

Virco Mfg. Corporation engages in the design, production, and distribution of furniture in the United States and Canada. The company offers seating products, including 4-leg chairs, cantilever chairs, mobile task chairs and lab stools, tablet armchairs, steel-frame and floor rockers, series stools, hard plastic seating, folding and upholstered stack chairs, and plastic stack and upholstered ergonomic chairs.