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TRNS Transcat News Story

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

* Transcat Inc  TRNS.OQ  reported quarterly adjusted earnings of
42 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
32 cents per share.
* Revenue rose 6.6% to $48.76 million from a year ago;  analysts
expected $46.18 million. 
* The mean earnings estimate of analysts was unchanged 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 1.5% this quarter and
gained 39.4% so far this year.
* The company reported quarterly net income of $3.21 million.
* Wall Street's median 12-month price target for Transcat Inc is
$49.00 
* 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 May 18 at 09:24 p.m. GMT.
​All figures in US dollars

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