Transcat Inc reports results for the quarter ended March 31 - Earnings Summary
Transcat Inc reports results for the quarter ended March 31 - Earnings Summary
Transcat Inc TRNS.OQ reported quarterly adjusted earnings of 56 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 39 cents. The mean expectation of four analysts for the quarter was for earnings of 56 cents per share. Wall Street expected results to range from 47 cents to 62 cents per share.
Revenue rose 15.8% to $89.33 million from a year ago; analysts expected $89.79 million.
Transcat Inc's reported EPS for the quarter was 21 cents.
The company reported quarterly net income of $1.95 million.
Transcat Inc shares had fallen by 0.6% this quarter and gained 28.7% so far this year.
FORECAST CHANGES
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.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"
Wall Street's median 12-month price target for Transcat Inc is $104.00, about 29.8% above its last closing price of $73.02
This summary was machine generated from LSEG data May 26 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Mar. 31 2026 | 0.56 | 0.56 | Met |
Dec. 31 2025 | 0.33 | 0.26 | Missed |
Sep. 30 2025 | 0.51 | 0.44 | Missed |
Jun. 30 2025 | 0.40 | 0.59 | Beat |
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