Transcat Inc expected to post earnings of 27  cents a share - Earnings Preview

Transcat

30/07/2022 03:01

* Transcat Inc  TRNS.OQ   TRNS.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 1. 
    * The Rochester New York-based  company is expected to
report  a
8.8% increase in revenue to $51.991 million from $47.79 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Transcat Inc is for
earnings of 27 cents per share. For the same quarter last year,
the company reported earnings of 49 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 Transcat
Inc is
$80​, above​ its last closing price of $62.32. ​​​
    * 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  0.45        0.45       0.40      Missed  -10.1
 Dec. 31 2022  0.25        0.25       0.21      Missed  -14.6
 Sep. 30 2021  0.37        0.37       0.50      Beat    35.9​
 Jun. 30 2021  0.25        0.25       0.49      Beat    94.4
 ​​Mar.        0.32        0.32       0.42      Beat    30.6
 31 2021                                                
 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
 This summary was machine generated July 30 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated