TransAct Technologies Inc expected to post earnings of 7  cents a share - Earnings Preview

TransAct Technologies

08/08/2023 03:01

* TransAct Technologies Inc  TACT.OQ   TACT.O  is expected
to show
a rise in quarterly revenue when it reports  results on August
9. 
    * The Hamden Connecticut-based  company is expected to
report  a
46.3% increase in revenue to $18.473 million from $12.62 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 7 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 $10​, above​ its last closing price
of $7.65. ​​​

This summary was machine generated August 8 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated