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

Vicarious Surgical

30/04/2024 03:04

* Vicarious Surgical Inc  RBOT.N  reported a quarterly
adjusted
loss of 10 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of -21 cents.  The mean expectation of
four analysts for the quarter was for a loss of 9 cents per
share. Wall Street expected results to range from -12 cents
to -8 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Vicarious Surgical Inc's reported EPS for the quarter was
a loss
of 10 cents​.
    * The company reported a quarterly loss of $17 million.
    * Vicarious Surgical Inc shares had fallen by 10.4% this
quarter and lost 26.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 16.2%
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 $1.00 
This summary was machine generated from LSEG data April 30 at
02:04 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
 Mar. 31 2024      -0.09          -0.10          Missed
 Dec. 31 2023      -0.12          -0.06          Beat
 Sep. 30 2023      -0.14          -0.10          Beat
 Jun. 30 2023      -0.14          -0.12          Beat