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

Transcat

30/10/2023 21:01

* Transcat Inc  TRNS.OQ  reported quarterly adjusted
earnings of 6
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 11.3% to $62.80 million from a year ago;
analysts
expected $62.48 million. 
    * Transcat Inc's reported EPS for the quarter was 6 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.6%
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 6.6% this quarter and
gained 29.1% so far this year.
    * The company reported quarterly net income of $460
thousand.
    * Wall Street's median 12-month price target for Transcat
Inc is
$108.00 
    * 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 from LSEG Refinitiv data
October 30 at 09:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.39           0.06           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