TransAct Technologies Inc expected to post a loss of 22  cents a share - Earnings Preview

TransAct Technologies

08/03/2022 02:16

* TransAct Technologies Inc  TACT.OQ   TACT.O  is expected
to show
a rise in quarterly revenue when it reports  results on March
9. 
    * The Hamden Connecticut-based  company is expected to
report  a
31.2% increase in revenue to $10.184 million from $7.76 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for TransAct
Technologies Inc
is for a loss of 22 cents per share. For the same quarter last
year, the company reported a loss of 22 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "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 $20​, about 60% above​ its last closing
price of $8.00. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  -0.28       -0.28      -0.13     Beat    53
 Jun. 30 2021  -0.25       -0.25      -0.24     Beat    5.9
 Mar. 31 2021  -0.24       -0.24      -0.25     Missed  -4.2​
 Dec. 31 2020              -0.13      -0.22     Missed  -63
 ​​Sep.        -0.15       -0.15      -0.11     Beat    26.7
 30 2020                                                
                                      -0.25             ​
 Mar. 31 2020  -0.08       -0.08      -0.13     Missed  -62.5
 Dec. 31 2019  0.03        0.03       -0.11     Missed  -466.7
 This summary was machine generated March 8 at 02:16 GMT.  All
figures in US dollars  unless otherwise stated