Virco Mfg. Corp. (VIRC) Declares $0.015 Quarterly Dividend; 1.2% Yield

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Virco Manufacturing (VIRC) PT Lowered to $5.50 at Wedbush Following 3Q

December 18, 2017 7:56 AM EST

Wedbush lowered its price target on Virco Manufacturing (NASDAQ: VIRC) to $5.50 (from $6.00) while maintaining a Outperform rating following the company's 3Q earnings report. Revenues rose 1.5% Y/Y to $68.8 million from $67.8 million last year versus +12.0% forecasts. EPS of $0.16 compared to $0.30 Estimate.

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