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

Transcat

31/07/2023 23:00

* Transcat Inc  TRNS.OQ  reported quarterly adjusted
earnings of
38 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
27 cents per share.
    * Revenue rose 10.9% to $60.60 million from a year ago;
analysts
expected $59.64 million. 
    * Transcat Inc's reported EPS for the quarter was 38 cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Transcat Inc shares had fallen by 1.9% this quarter and
gained 18.1% so far this year.
    * The company reported quarterly net income of $2.95
million.
    * Wall Street's median 12-month price target for Transcat
Inc is
$102.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
31 at 10:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.27           0.38           Beat
 Mar. 31 2023      0.37           0.48           Beat
 Dec. 31 2022      0.22           0.21           Missed
 Sep. 30 2022      0.39           0.31           Missed