VIRC Earnings Today: Does History Point to More Gains After the Announcement?
Click to view the earnings moves in VIRC
Virco Mfg (NASDAQ: VIRC) dropped its latest earnings report today, moving just +0.6%—a modest shift compared to what options traders were bracing for. While today’s change looks mild, the numbers under the surface, along with VIRC’s historic playbook around earnings, tell a much more interesting story.
Options Traders Anticipated Bigger Moves
Despite VIRC's subdued reaction, the options market was expecting fireworks, pricing in a move of ±9.8% ahead of the event. By the close, only 11 contracts traded, showing how this session came in below traders’ expectations—especially given the typical earnings-day drama for VIRC.
Historical Earnings Moves: What Can the Past Teach?
Looking at the past twelve earnings announcements, VIRC has rarely played it this safe. Historically, the stock:
- Has delivered an average move of +5.0% on earnings days, with 72.7% of reports resulting in gains.
- Shows a notable upward bias: On average, the stock climbed +3.5% from the open to the close, rising 81.8% of the time.
- Sees an average run to the high of the day at +8.0%—but it’s also seen some decent swings down to intraday lows (averaging -3.7%).
Here’s a quick look at VIRC’s historical earnings-day performance, so you can see just how unusual today’s calm was:
| Stock Performance | Earnings Move | Open Gap | Open to High | Open to Low | Open to Close |
|---|---|---|---|---|---|
| Average Return | +5.0% | +1.2% | +8.0% | -3.7% | +3.5% |
| % of Moves Up | 72.7% | 45.5% | 81.8% | ||
| % of Moves Down | 27.3% | 54.5% | 18.2% |
If you’re looking for even more granular data on VIRC’s moves around earnings, check out the full historical stock performance page.
Absolute Returns: How Wild Can VIRC Get?
How big are the swings, really? On average, VIRC sees a 10.3% absolute move on earnings day, but past reports have led to surges as large as 21.5% or as little as 0.6%. Here's a summary table:
| Stock Performance | Earnings Move | Open Gap | Open to High | Open to Low | Open to Close |
|---|---|---|---|---|---|
| Absolute Average Return | 10.3% | 5.0% | 8.0% | 3.7% | 6.4% |
| Max Absolute Return | 21.5% | 14.0% | 19.1% | 13.1% | 16.8% |
| Min Absolute Return | 0.6% | 0.1% | 0.0% | 0.0% | 0.8% |
After the Bell: Does Momentum Last?
Investors might wonder if VIRC’s post-earnings performance holds up. Historically, it’s tended to post gains in the days that follow—most notably averaging +2.8% one day after the event (with a 70.0% probability of moving up). Momentum has lasted for up to a week, where average gains top out at +6.2% but positive momentum begins to taper.
| Stock Performance | 1 Day After Earnings | 2 Days After Earnings | 3 Days After Earnings | 1 Week After Earnings | 2 Weeks After Earnings |
|---|---|---|---|---|---|
| Average Return | +2.8% | +3.4% | +4.5% | +6.2% | +4.0% |
| % of Moves Up | 70.0% | 70.0% | 50.0% | 40.0% | 40.0% |
| % of Moves Down | 30.0% | 30.0% | 50.0% | 60.0% | 60.0% |
Spotlight: Today’s Most Active VIRC Option
Even with quiet price action, the most active single-leg contract on VIRC was the following:
| Option Contract | 19-Sep-25 10 C |
|---|---|
| Volume | 6 |
| VWAP price | 0.10 |
| Open interest | 2,174 |
| Yesterday's closing price | 0.18 |
What’s the Takeaway for VIRC?
Although today's market reaction underwhelmed relative to history, VIRC’s track record shows the stock tends to swing much more after earnings—with strong odds of upside in the following days. For anyone following this under-the-radar furniture name, it's a stock worth revisiting post-earnings—especially if it starts to break out of today’s tight range.
If you’re intrigued by these numbers, don’t miss the full historical earnings price movement statistics for VIRC—sometimes the real story begins after the dust settles.
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