Analysts Issue Forecasts for Corindus Vascular Robotics Inc.’s FY2016 Earnings (CVRS)
Corindus Vascular Robotics Inc. (ARCA:CVRS) – Analysts at B. Riley reduced their FY2016 earnings estimates for Corindus Vascular Robotics in a research note issued to investors on Wednesday. B. Riley analyst G. Chodaczek now forecasts that the firm will post earnings of ($0.28) per share for the year, down from their previous estimate of ($0.25). B. Riley currently has a “Buy” rating on the stock. B. Riley also issued estimates for Corindus Vascular Robotics’ Q4 2016 earnings at ($0.08) EPS, Q1 2017 earnings at ($0.06) EPS, Q3 2017 earnings at ($0.07) EPS, Q4 2017 earnings at ($0.07) EPS and FY2017 earnings at ($0.26) EPS.
Corindus Vascular Robotics (ARCA:CVRS) opened at 0.8445 on Friday. The company’s market capitalization is $100.52 million. The firm’s 50-day moving average is $0.97 and its 200-day moving average is $1.21. Corindus Vascular Robotics has a 1-year low of $0.73 and a 1-year high of $3.50.
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