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

Transcat

27/07/2021 22:02

* Transcat Inc  TRNS.OQ  reported quarterly adjusted earnings of
49 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
25 cents per share.
* Revenue rose 22.8% to $47.79 million from a year ago; 
analysts expected $44.42 million. 
* The mean earnings estimate of analysts had risen by about 3.6%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Transcat Inc shares had risen by 7.3% this quarter and
gained 74.8% so far this year.
* The company reported quarterly net income of $3.69 million.
* Wall Street's median 12-month price target for Transcat Inc is
$62.00 
* 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 July 27 at 09:02 p.m.  ​All
figures in US dollars unless otherwise stated