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

Transcat

23/05/2022 22:01

* Transcat Inc  TRNS.OQ  reported quarterly adjusted
earnings of
40 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
45 cents per share.
    * Revenue fell 46.9% to $25.88 million from a year ago; 
analysts
expected $55.21 million. 
    * Transcat Inc's reported EPS for the quarter was 40 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.1%
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 20.0% this quarter and
lost 29.8% so far this year.
    * The company reported quarterly net income of $3.05
million.
    * Wall Street's median 12-month price target for Transcat
Inc is
$97.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 23 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated