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

Transcat

31/10/2022 21:01

* Transcat Inc  TRNS.OQ  reported quarterly adjusted
earnings of
31 cents​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of 39 cents per share.
    * Revenue rose 12% to $56.44 million from a year ago;
analysts
expected $55.09 million. 
    * Transcat Inc's reported EPS for the quarter was 31 cents​.
    * 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 risen by 8.6% this quarter and
lost 11.1% so far this year.
    * The company reported quarterly net income of $2.36
million.
    * Wall Street's median 12-month price target for Transcat
Inc is
$84.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
31 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.39           0.31           Missed
 Jun. 30 2022      0.27           0.40           Beat
 Mar. 31 2022      0.45           0.40           Missed
 Dec. 31 2021      0.25           0.21           Missed