Transcat Inc expected to post earnings of 37 cents a share - Earnings Preview

Transcat

30/10/2021 03:02

* Transcat Inc  TRNS.OQ   TRNS.O  is expected to show a rise in
quarterly revenue when it reports results on November 2. 
* The Rochester, New York-based company is expected to report  a
15.5% increase in revenue to $48.049 million from $41.61 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 37 cents per share. For the same quarter last year,
the company reported earnings of 27 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
$71​, about 5.5% below​ its last closing price of $74.88. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.25        0.25       0.49      Beat    94.4
 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.          -0.04​      -0.03      0.11      Beat    466.7​
 30​ 2020​                                              
 Mar. 31 2020  0.26        0.28       0.33      Beat    17.9​
 Dec. 31 2019  0.25        0.25       0.20      Missed  -20
 Sep. 30 2019  0.19        0.20       0.32      Beat    60
 This summary was machine generated October 30 at 02:02 GMT.  All
figures in US dollars unless otherwise stated