Sarcos Expertise and Robotics Third Quarter 2022 Earnings: Misses Expectations

Sarcos Expertise and Robotics (NASDAQ:STRC) Third Quarter 2022 Outcomes

Key Monetary Outcomes

earnings-and-revenue-growth

earnings-and-revenue-growth

All figures proven within the chart above are for the trailing 12 month (TTM) interval

Sarcos Expertise and Robotics Revenues and Earnings Miss Expectations

Income missed analyst estimates by 7.2%. Earnings per share (EPS) additionally missed analyst estimates by 41%.

Trying forward, income is forecast to develop 59% p.a. on common in the course of the subsequent 3 years, in comparison with a 5.3% progress forecast for the Equipment trade within the US.

Efficiency of the American Equipment trade.

The corporate’s shares are down 24% from per week in the past.

Threat Evaluation

Earlier than we wrap up, we have found 3 warning indicators for Sarcos Expertise and Robotics that you have to be conscious of.

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This text by Merely Wall St is normal in nature. We offer commentary based mostly on historic knowledge and analyst forecasts solely utilizing an unbiased methodology and our articles usually are not supposed to be monetary recommendation. It doesn’t represent a suggestion to purchase or promote any inventory, and doesn’t take account of your goals, or your monetary scenario. We purpose to convey you long-term targeted evaluation pushed by elementary knowledge. Word that our evaluation could not issue within the newest price-sensitive firm bulletins or qualitative materials. Merely Wall St has no place in any shares talked about.

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