Vicarious Surgical Inc reports results for the quarter ended in June - Earnings Summary

Vicarious Surgical

13/08/2024 02:33

* Vicarious Surgical Inc  RBOT.N  reported a quarterly
adjusted
loss of $2.59​​ per share for the quarter ended in June, higher
than the same quarter last year, when the company reported EPS
of $-3.60.  The mean expectation of four analysts for the
quarter was for a loss of $2.77 per share. Wall Street expected
results to range from $-3.30 to $-2.40 per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Vicarious Surgical Inc's reported EPS for the quarter was
a loss
of $2.59​.
    * The company reported a quarterly loss of $15.21 million.
    * Vicarious Surgical Inc shares had risen by 3.4% this
quarter and
lost 44.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "hold"

Wall Street's median 12-month price target for Vicarious
Surgical Inc is $30.00 
This summary was machine generated from LSEG data August 13 at
01:32 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -2.77          -2.59          Beat
 Mar. 31 2024      -2.85          -3.00          Missed
 Dec. 31 2023      -3.75          -1.80          Beat
 Sep. 30 2023      -4.27          -3.00          Beat