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

Transcat

30/01/2023 22:02

* 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
22 cents per share.
    * Revenue rose 12.8% to $57.40 million from a year ago;
analysts
expected $56.43 million. 
    * Transcat Inc's reported EPS for the quarter was 21 cents​.
    * The mean earnings estimate of analysts had fallen by
about 24.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Transcat Inc shares had risen by 14.8% this quarter.
    * The company reported quarterly net income of $1.6 million.
    * Wall Street's median 12-month price target for Transcat
Inc is
$86.00 
    * 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 from Refinitiv data January
30 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.22           0.21           Missed
 Sep. 30 2022      0.39           0.31           Missed
 Jun. 30 2022      0.27           0.40           Beat
 Mar. 31 2022      0.45           0.40           Missed