Transcat Inc reports results for the quarter ended in December - Earnings Summary

Transcat

02/02/2022 03:20

* Transcat Inc  TRNS.OQ  reported quarterly adjusted
earnings of
21 cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
25 cents per share.
    * Revenue rose 15.5% to $50.90 million from a year ago; 
analysts
expected $51.64 million. 
    * Transcat Inc's reported EPS for the quarter was 21 cents​.
    * The mean earnings estimate of analysts had fallen by
about 21.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Transcat Inc shares had risen by 2.7% this quarter.
    * The company reported quarterly net income of $1.63
million.
    * Wall Street's median 12-month price target for Transcat
Inc is
$101.00 
    * 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." 

This summary was machine generated February 2 at 03:20 a.m.
 ​All figures in US dollars unless otherwise stated