Vicarious Surgical Inc reports results for the quarter ended March 31 - Earnings Summary

• Vicarious Surgical Inc RBOT.N reported a quarterly adjusted loss of $2.60​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-3.00. The mean expectation of three analysts for the quarter was for a loss of $2.48 per share. Wall Street expected results to range from $-2.61 to $-2.29 per share.

• Reported revenue was zero​; analysts expected zero.

• Vicarious Surgical Inc's reported EPS for the quarter was a loss of $2.60​.

• The company reported a quarterly loss of $15.39 million.

• Vicarious Surgical Inc shares had risen by 31.4% this quarter and lost 34.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 21.5% 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," 2 "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 $10.75

This summary was machine generated from LSEG data May 12 at 09:00 p.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)