Virgin Galactic has been presenting itself as a provider of commercial spaceflight for the past decade. However, investors should know that it will be a few years before this stock settles down.Virgin Galactic is a long way from profitability. All rights reserved. Space is an amazing frontier, and the ability to travel there in a commercial capacity is fascinating.The public will remain interested in the developments coming from the company as being something truly pioneering. These efforts have potential to result in revenue down the line. August 3, 2020 after the stock market close. However, there are a number of limitations related to the use of non-GAAP measures and their nearest GAAP equivalents. Earnings per Share Details of Virgin Galactic Holdings, Inc.: The EPS of SPCE is strolling at -1.38, measuring its EPS growth this year at 2.8%. See who is reporting this week. June 29, 2020 - Virgin Galactic (SPCE) announced their Q2 earnings date tonight. But investors shouldn’t purchase until they can see revenue. Presentation: Operator Good afternoon. Yet, investors in SPCE should be concerned. As of this writing, Alex Sirois did not own a position in any of the aforementioned stocks. And now investors will have to judge revenues and costs from multiple streams thereof.Of course, the company could really rocket upward after that takes place. The consensus estimate was a … Investors would do well to watch this company in terms of revenues and judge it as an investment based on that.Keep watching Virgin Galactic because it is on the leading edge of a pioneering industry, but don’t jump into a position on that alone. Yet, I think in the near term, prices will remain steady as markets digest these realities. Until SPCE stock has proven profitability, the company will remain interesting based on space flight alone. 1125 N. Charles St, Baltimore, MD 21201. from Spaceport America as it ramps up efforts toward regular commercial spaceflight service. Virgin Galactic Holdings (SPCE) reported a 2nd Quarter June 2020 loss of $0.30 per share on revenue of $0.0 million. The company is already valued highly as it is and has not generated much revenue. Article printed from InvestorPlace Media, https://investorplace.com/2020/07/spce-stock-virgin-galactic-needs-revenue/.Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. As a result, the company has an EPS growth of 46.2% for the approaching year. However, interesting news that will affect the share price is coming out of the company otherwise.Shares moved up 13% on the announcement, given Disney’s ability to provide world-class experiences.The company is also continuing to conduct test flights at its new Spaceport America location in New Mexico.