Equities research analysts expect Transenterix Inc (NYSE:TRXC) to announce earnings of ($0.11) per share for the current quarter, according to Zacks. Two analysts have provided estimates for Transenterix’s earnings. The lowest EPS estimate is ($0.11) and the highest is ($0.10). Transenterix also reported earnings of ($0.11) per share during the same quarter last year. The business is expected to issue its next quarterly earnings results on Friday, August 4th.

On average, analysts expect that Transenterix will report full-year earnings of ($0.42) per share for the current year, with EPS estimates ranging from ($0.45) to ($0.37). For the next year, analysts expect that the company will post earnings of ($0.33) per share, with EPS estimates ranging from ($0.42) to ($0.29). Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that follow Transenterix.

Separately, B. Riley reissued a “buy” rating and set a $2.75 price objective on shares of Transenterix in a report on Sunday, March 12th.

Transenterix (NYSE TRXC) opened at 0.6893 on Monday. The company’s market capitalization is $102.38 million. Transenterix has a 52 week low of $0.45 and a 52 week high of $2.33. The stock’s 50 day moving average price is $0.56 and its 200 day moving average price is $1.07.

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Transenterix Company Profile

TransEnterix, Inc is a medical device company. The Company is focused on the development and commercialization of ALF-X Surgical Robotic System (the ALF-X System), and SurgiBot System. The Company’s ALF-X System is a multi-port robotic surgery system, which allows multiple robotic arms to control instruments and a camera.

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