Transcat Inc expected to post earnings of 36 cents a share - Earnings Preview

Transcat

27/07/2024 24:05

* Transcat Inc  TRNS.OQ   TRNS.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 29 for the
period ending June 30 2024
    * The Rochester New York-based  company is expected to
report a
14.5% increase in revenue to $69.415 million from $60.6 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Transcat Inc is for
earnings
of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$153.00​, above​ its last closing price of $140.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.53        0.53       0.77      Beat    45.8
 Dec. 31 2024  0.36        0.35       0.38      Beat    9.8
 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.        0.38        0.37       0.48      Beat    31.1
 31 2023                                                
 Dec. 31 2022  0.23        0.22       0.21      Missed  -5.4​
 Sep. 30 2022  0.39        0.39       0.31      Missed  -20
 Jun. 30 2022  0.27        0.27       0.40      Beat    46.8
 This summary was machine generated July 26 at 23:05 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)