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TRNSBearishEarningsnews
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Transcat, Inc. (TRNS) Earnings Expected to Grow: Should You Buy?

May 13, 2024, 11:09 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- TRNS expected to report YoY increase in earnings and revenue for Q1 2024. - Earnings report on May 20, 2024 may impact stock price. - Consensus estimate: $0.52 EPS, $68.76 million revenue, EPS estimate revised 37.5% lower. - Negative Earnings ESP of -1.44%, Zacks rank #4, difficult to predict beat. - Analysts consider past surprise history when estimating future earnings. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Earnings

  • TRNS expected to report YoY increase in earnings and revenue for Q1 2024.
  • Earnings report on May 20, 2024 may impact stock price.
  • Consensus estimate: $0.52 EPS, $68.76 million revenue, EPS estimate revised 37.5% lower.
  • Negative Earnings ESP of -1.44%, Zacks rank #4, difficult to predict beat.
  • Analysts consider past surprise history when estimating future earnings.

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