TransAct Technologies Inc expected to post a loss of 31  cents a share - Earnings Preview

TransAct Technologies

09/08/2022 03:03

* TransAct Technologies Inc  TACT.OQ   TACT.O  is expected
to show
a rise in quarterly revenue when it reports  results on August
10. 
    * The Hamden Connecticut-based  company is expected to
report  a
11.9% increase in revenue to $10.438 million from $9.33 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for TransAct
Technologies Inc
is for a loss of 31 cents per share. For the same quarter last
year, the company reported a loss of 24 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $11​, above​ its last closing price
of $4.68. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.19       -0.19      -0.41     Missed  -115.8
 Dec. 31 2022  -0.21       -0.22      -0.19     Beat    14.6
 Sep. 30 2021  -0.28       -0.28      -0.13     Beat    53​
 Jun. 30 2021  -0.25       -0.25      -0.24     Beat    5.9
 ​​Mar.        -0.24       -0.24      -0.25     Missed  -4.2
 31 2021                                                
 Dec. 31 2020              -0.13      -0.22     Missed  -63​
 Sep. 30 2020  -0.15       -0.15      -0.11     Beat    26.7
                                      -0.25             
 This summary was machine generated August 9 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated