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

Transcat

19/05/2023 22:39

* Transcat Inc  TRNS.OQ   TRNS.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 22. 
    * The Rochester New York-based  company is expected to
report  a
8.0% increase in revenue to $60.333 million from $55.88 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. 
    * 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
$94.5​, above​ its last closing price of $87.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2022  0.45        0.45       0.40      Missed  -10.1
 ​​Dec.        0.25        0.25       0.21      Missed  -14.6
 31 2021                                                
 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. 31 2021  0.32        0.32       0.42      Beat    30.6
 This summary was machine generated May 19 at 21:39 GMT.  All
figures in US dollars  unless otherwise stated