Transcat Inc expected to post earnings of 35 cents a share - Earnings Preview

Transcat

26/01/2024 22:00

* Transcat Inc  TRNS.OQ   TRNS.O  is expected to show a rise
in
quarterly revenue when it reports  results on January 29 for the
period ending December 31 2023
    * The Rochester New York-based  company is expected to
report a
10.9% increase in revenue to $63.678 million from $57.4 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Transcat Inc is for
earnings
of 35 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
$110.00​, above​ its last closing price of $98.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.37        0.39       0.06      Missed  -84.5
 Jun. 30 2023  0.27        0.27       0.38      Beat    42.1
 Mar. 31 2023  0.38        0.37       0.48      Beat    31.1​
 Dec. 31 2022  0.23        0.22       0.21      Missed  -5.4
 ​​Sep.        0.39        0.39       0.31      Missed  -20
 30 2022                                                
 Jun. 30 2022  0.27        0.27       0.40      Beat    46.8​
 Mar. 31 2022  0.45        0.45       0.40      Missed  -10.1
 Dec. 31 2021  0.25        0.25       0.21      Missed  -14.6
 This summary was machine generated January 26 at 22:00 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)