Profile
Sector:
Consumer CyclicalIndustry:
Furnishings, Fixtures & AppliancesCountry:
United StatesIPO:
18 March 1980Website:
http://www.virco.comNext earnings report:
11 September 2024Last dividends:
21 June 2024Next dividends:
N/APrice
after hours | 77 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
VIRC Latest News
Investors who want to buy stocks in July and the second half of 2024 might want to start by looking at Zacks Rank #1 (Strong Buy) stocks--improving earnings outlook--that are efficiently generating profits.
Virco posted significant revenue growth, at 33%, with gross and operating margin expansion. However, a big part of that growth was generated by a less recurring disaster relief project. Without it, revenues would have grown 8%. Looking ahead, the company's backlogs and inventories continue to shrink. These are not good indicators for the 2Q and 3Q busy seasons.
Virco's (VIRC) first-quarter fiscal 2024 results reflect solid contributions from an individual disaster relief and recovery project, along with its domestic U.S. operations.
Virco Manufacturing Corporation (VIRC) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of a loss of $0.13 per share. This compares to loss of $0.09 per share a year ago.
TORRANCE, Calif., June 07, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: VIRC), the leading manufacturer and supplier of movable furniture and equipment for educational environments in the United States, announced shipments for the First Quarter ended April 30, 2024, grew 33.7% compared to the same quarter in the prior year, generating net income of $2.1 million vs. a loss of $1.4 million in the same seasonally light quarter of the prior year.
Virco's (VIRC) fourth-quarter fiscal 2024 results show strong interest in PlanSCAPE project-management services.
Virco Manufacturing Corporation (VIRC) reported a quarterly loss of $0.14 per share, slightly missing the Zacks Consensus Estimate of a loss of $0.13. This is a decrease from earnings of $0.25 per share in the same quarter last year.
Virco Manufacturing Corporation (VIRC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Virco Manufacturing Corporation (VIRC) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Virco Manufacturing Corporation (VIRC) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
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What type of business is Virco Mfg?
Virco Mfg. Corporation engages in the design, production, and distribution of furniture in the United States. It offers seating products, including 4-leg chairs, cantilever chairs, tablet armchairs with work surfaces and compact footprints, steel-frame and floor rockers, stools, series chairs, stack and folding chairs, hard plastic seating, upholstered stack and ergonomic chairs, and plastic stack chairs. The company also provides folding, activity, office, computer, and mobile tables; and computer furniture, such as keyboard mouse trays, CPU holders, support columns, desks and workstations, specialty tables, instructor media stations and towers, and other products. In addition, it offers chair desks, combo units, and tablet arm and caster units, as well as a returns and credenzas. Further, the company provides administrative office furniture, including desks, bookcases, storage cabinets, and other items, as well as wardrobe tower cabinets, file credenzas, and mobile pedestals; laboratory furniture comprising steel-based science tables, table bases, lab stools, and wood-frame science tables; mobile furniture, such as mobile tables for cafeterias, mobile cabinets, and mobile task chairs for school settings and offices; and handling and storage equipment, as well as manufactures stackable storage trucks. It serves educational institutions, convention centers and arenas, hospitality providers, government facilities, and places of worship through its sales and support teams, and dealer network. The company was incorporated in 1950 and is headquartered in Torrance, California.
What sector is Virco Mfg in?
Virco Mfg is in the Consumer Cyclical sector
What industry is Virco Mfg in?
Virco Mfg is in the Furnishings, Fixtures & Appliances industry
What country is Virco Mfg from?
Virco Mfg is headquartered in United States
When did Virco Mfg go public?
Virco Mfg initial public offering (IPO) was on 18 March 1980
What is Virco Mfg website?
https://www.virco.com
Is Virco Mfg in the S&P 500?
No, Virco Mfg is not included in the S&P 500 index
Is Virco Mfg in the NASDAQ 100?
No, Virco Mfg is not included in the NASDAQ 100 index
Is Virco Mfg in the Dow Jones?
No, Virco Mfg is not included in the Dow Jones index
When does Virco Mfg report earnings?
The next expected earnings date for Virco Mfg is 11 September 2024