TransAct Technologies Inc expected to post earnings of 3  cents a share - Earnings Preview

TransAct Technologies

06/05/2023 03:05

* TransAct Technologies Inc  TACT.OQ   TACT.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 9. 
    * The Hamden Connecticut-based  company is expected to
report  a
81.3% increase in revenue to $17.586 million from $9.7 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 earnings of 3 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 $9.75​, above​ its last closing price
of $5.60. ​​​

This summary was machine generated May 6 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated