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

Transcat

28/01/2022 23:09

* Transcat Inc  TRNS.OQ   TRNS.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 1. 
    * The Rochester New York-based  company is expected to
report  a
17.2% increase in revenue to $51.642 million from $44.06 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 23 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
$101​, about 8.1% above​ its last closing price of $92.81. ​​​
    * 

This summary was machine generated January 28 at 23:09 GMT.  All
figures in US dollars  unless otherwise stated