Market Overview

TransEnterix Q4 Earnings Preview

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On Tuesday, TransEnterix, Inc. Common Stock (NYSE: TRXC) will release its latest earnings report. Check out Benzinga's report to understand the earnings implications.

Earnings and Revenue

Based on management's projections, TransEnterix analysts modeled for a loss of 7 cents per share on sales of $3.2 million.

In the same quarter last year, TransEnterix announced EPS loss of 12 cents on revenue of $53,000. The Wall Street estimate would represent a 41.67 percent decline in the company's earnings. Sales would be up 6107.55 percent from the same quarter last year.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate -0.09 -0.11 -0.12 -0.11
EPS Actual -0.09 -0.11 -0.13 -0.12

 

Stock Performance

Over the last 52-week period, shares are up 44.36 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on TransEnterix stock is a Neutral. The strength of this rating has risen over the past 90 days.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. TransEnterix's conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here.

Posted-In: Earnings News Previews Trading Ideas

 

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