Transcat Inc expected to post earnings of 25 cents a share - Earnings Preview

Transcat

24/07/2021 24:15

* Transcat Inc  TRNS.OQ   TRNS.O  is expected to show a rise in
quarterly revenue when it reports results on July 27. 
* The Rochester, New York-based company is expected to report 
 a 14.2% increase in revenue to $44.421 million from $38.9
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Transcat Inc is for
earnings of 25 cents per share. For the same quarter last year,
the company reported earnings of 11 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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 Transcat Inc is
$62​, about 1% above​ its last closing price of $61.35. ​​​
* 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  0.32        0.32       0.42      Beat    30.6
 Dec. 31 2020  0.19        0.19       0.23      Beat    22.1
 Sep. 30 2020  0.17        0.17       0.27      Beat    57.3​
 Jun. 30 2020  -0.04       -0.03      0.11      Beat    466.7
 Mar.          0.26​       0.28       0.33      Beat    17.9​
 31​ 2020​                                              
 Dec. 31 2019  0.25        0.25       0.20      Missed  -20​
 Sep. 30 2019  0.19        0.20       0.32      Beat    60
 Jun. 30 2019  0.25        0.20       0.23      Beat    13.1
 This summary was machine generated July 23 at 23:15 GMT.  All
figures in US dollars unless otherwise stated