TransAct Technologies Inc expected to post a loss of 25 cents a share - Earnings Preview

TransAct Technologies

31/07/2021 02:32

* TransAct Technologies Inc  TACT.OQ   TACT.O  is expected
to show a rise in quarterly revenue when it reports results on
August 3. 
* The Hamden, Connecticut-based company is expected to report 
 a 57.7% increase in revenue to $8.333 million from $5.29
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 25 cents per share. For the same quarter
last year, the company reported a loss of 25 cents per share.
* The current average analyst rating on the shares is "strong
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 $17​, about 2.1% above​ its last closing
price of $16.65. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.24       -0.24      -0.25     Missed  -4.2
 Dec. 31 2020              -0.13      -0.22     Missed  -63
 Sep. 30 2020  -0.15       -0.15      -0.11     Beat    26.7​
 Mar.          -0.08​      -0.08      -0.13     Missed  -62.5​
 31​ 2020​                                              
 Dec. 31 2019  0.03        0.03       -0.11     Missed  -466.7
                                                        ​
 This summary was machine generated July 31 at 01:32 GMT.  All
figures in US dollars unless otherwise stated