Transcat: Q3 Earnings Insights - Transcat (NASDAQ:TRNS)

Transcat 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.

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.

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.