Transcat (NASDAQ:TRNS) reported its Q3 earnings results on Monday, January 29, 2024 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Transcat beat estimated earnings by 60.0%, reporting an EPS of $0.56 versus an estimate of $0.35.
Revenue was up $7.76 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21 which was followed by a 3.48% drop in the share price the next day.
Here’s a look at Transcat’s past performance:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.39 | 0.27 | 0.37 | 0.22 |
| EPS Actual | 0.60 | 0.52 | 0.60 | 0.35 |
| Revenue Estimate | 62.48M | 59.64M | 60.33M | 56.43M |
| Revenue Actual | 62.80M | 60.60M | 62.07M | 57.40M |
To track all earnings releases for Transcat visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
