TransAct Technologies Inc expected to post a loss of 19 cents a share - Earnings Preview

TransAct Technologies

09/11/2022 03:04

* TransAct Technologies Inc  TACT.OQ   TACT.O  is expected
to show
a rise in quarterly revenue when it reports  results on November
10. 
    * The Hamden Connecticut-based  company is expected to
report  a
29.9% increase in revenue to $13.816 million from $10.64 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for TransAct
Technologies Inc
is for a loss of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TransAct
Technologies Inc is $9​, above​ its last closing price of $4.15.
​​​

This summary was machine generated November 9 at 03:03 GMT.  All
figures in US dollars  unless otherwise stated