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

Transcat

22/05/2023 22:01

* Transcat Inc  TRNS.OQ  reported quarterly adjusted
earnings of
48 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
37 cents per share.
    * Revenue rose 11.1% to $62.07 million from a year ago;
analysts
expected $60.33 million. 
    * Transcat Inc's reported EPS for the quarter was 48 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8% in
the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Transcat Inc shares had fallen by 2.4% this quarter and
gained 23.1% so far this year.
    * The company reported quarterly net income of $3.66
million.
    * Wall Street's median 12-month price target for Transcat
Inc is
$94.50 
    * 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 LSEG Refinitiv data May
22 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.37           0.48           Beat
 Dec. 31 2022      0.22           0.21           Missed
 Sep. 30 2022      0.39           0.31           Missed
 Jun. 30 2022      0.27           0.40           Beat