Recap: Transcat Q3 Earnings

Transcat TRNS reported its Q3 earnings results on Tuesday, February 1, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Transcat missed estimated earnings by 16.0%, reporting an EPS of $0.21 versus an estimate of $0.25, which surprised analysts.

Revenue was up $6.84 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03, which was followed by a 7.0% increase in the share price the next day.

Here's a look at Transcat's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.37 0.25 0.32 0.19
EPS Actual 0.40 0.49 0.42 0.23
Revenue Estimate 48.05M 44.42M 46.18M 42.67M
Revenue Actual 50.39M 47.79M 48.76M 44.06M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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