Transcat Inc expected to post earnings of 46 cents a share - Earnings Preview

Transcat

26/10/2024 15:46

* Transcat Inc  TRNS.OQ   TRNS.O  is expected to show a rise
in
quarterly revenue when it reports  results on October 28 for the
period ending September 30 2024
    * The Rochester New York-based  company is expected to
report a
11.9% increase in revenue to $70.295 million from $62.8 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 46 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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
$144.49​, above​ its last closing price of $119.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.35        0.36       0.48      Beat    34.6
 Mar. 31 2024  0.53        0.53       0.77      Beat    45.8
 Dec. 31 2023  0.36        0.35       0.38      Beat    9.8​
 Sep. 30 2023  0.37        0.39       0.06      Missed  -84.5
 ​​Jun.        0.27        0.27       0.38      Beat    42.1
 30 2023                                                
 Jan. 1 0001   0.38        0.37       0.48      Beat    31.1​
 Jan. 1 0001   0.23        0.22       0.21      Missed  -5.4
 Sep. 30 2022  0.39        0.39       0.31      Missed  -20
 This summary was machine generated October 26 at 14:46 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)