Virco Mfg. (NASDAQ:VIRC) Releases Earnings Results

Virco Mfg. (NASDAQ:VIRC) issued its quarterly earnings data on Monday. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.35), Zacks reports. Virco Mfg. had a net margin of 9.50% and a return on equity of 27.88%. During the same period last year, the firm posted $0.62 earnings per share.

Virco Mfg. Trading Down 17.7 %

Shares of NASDAQ:VIRC opened at $13.42 on Tuesday. The company has a current ratio of 2.26, a quick ratio of 1.20 and a debt-to-equity ratio of 0.04. Virco Mfg. has a 12-month low of $8.28 and a 12-month high of $18.50. The business has a 50 day moving average of $14.95 and a two-hundred day moving average of $14.88. The company has a market capitalization of $218.61 million, a PE ratio of 8.13 and a beta of 0.68.

Virco Mfg. Company Profile

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.