Transcat Inc expected to post earnings of 39  cents a share - Earnings Preview

Transcat

28/10/2023 03:08

* Transcat Inc  TRNS.OQ   TRNS.O  is expected to show a rise
in
quarterly revenue when it reports  results 
    * The Rochester New York-based  company is expected to
report  a
10.7% increase in revenue to $62.483 million from $56.44 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 39 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
$108​, above​ its last closing price of $91.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.39        0.39       0.31      Missed  -20
 ​​Jun.        0.27        0.27       0.40      Beat    46.8
 30 2022                                                
 Mar. 31 2022  0.45        0.45       0.40      Missed  -10.1​
 Dec. 31 2021  0.25        0.25       0.21      Missed  -14.6
 Sep. 30 2021  0.37        0.37       0.50      Beat    35.9
 This summary was machine generated October 28 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated