Transcat (NASDAQ: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.
