Financial Performance - For the quarter ended September 2024, Transcat, Inc. reported revenue of $67.83 million, an increase of 8% year-over-year [1] - The earnings per share (EPS) for the quarter was $0.35, down from $0.41 in the same quarter last year [1] - The reported revenue fell short of the Zacks Consensus Estimate of $70.69 million, resulting in a surprise of -4.06% [1] - The company experienced an EPS surprise of -25.53%, with the consensus EPS estimate being $0.47 [1] Key Metrics - Distribution Sales revenue was $23.74 million, compared to the two-analyst average estimate of $25.34 million, reflecting a year-over-year change of +11.1% [3] - Service Revenue was reported at $44.08 million, below the estimated $45.47 million, with a year-over-year change of +6.4% [3] - Gross Profit from Distribution was $6.62 million, compared to the average estimate of $7.92 million [3] - Gross Profit from Service was $14.59 million, below the average estimate of $16.10 million [3] Stock Performance - Over the past month, shares of Transcat have returned -1.4%, while the Zacks S&P 500 composite has increased by +2% [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [4]

Transcat, Inc. (TRNS) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -25.53%. A quarter ago, it was expected that this company would post earnings of $0.29 per share when it actually produced earnings of $0.48, delivering a surprise of 65.52%.Over the last four quarters, the company ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of ...

Transcat, Inc. (TRNS) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. The power of a chang ...

Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.50 par value TRNS Nasdaq Global Market Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________ FORM 10-Q (Mark one) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: June 29, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition ...

The Zacks Instruments – Control industry is likely to benefit from the diligent focus on energy-efficient production processes and integrated software systems. Rising demand for state-of-the-art technology for replacing legacy industrial control systems with automated products is expected to aid growth. However, elevated customer inventory levels amid a challenging geopolitical environment might hurt the process automation and instrumentation market. Nevertheless, Watts Water Technologies, Inc. (WTS) , Badg ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth ...

Transcat, Inc. (NASDAQ:TRNS) Q1 2025 Earnings Conference Call July 30, 2024 11:00 AM ET Company Participants Tom Barbato - Chief Financial Officer Lee Rudow - President & Chief Executive Officer Mike West - Chief Operating Officer Conference Call Participants Greg Palm - Craig-Hallum Capital Group Ted Jackson - Northland Securities Martin Yang - Oppenheimer & Co. Operator Greetings, and welcome to Transcat, Inc. First Quarter Fiscal Year 2025 Financial Results Conference Call. At this time, all participants ...

Fiscal 2025 © 2024 Transcat Inc. Consolidated Results Distribution Segment | --- | --- | --- | |-------|----------------------------------------|-------| | | | | | | Lee D. Rudow President and CEO | | | | Michael West Chief Operating Officer | | | | Tom L. Barbato Chief Financial Officer | | | | | | • This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact and thus are s ...

Diluted Earnings Per Share $ 0.48 $ - $ - $ - $ 0.48 NEWS RELEASE Transcat, Inc. 35 Vantage Point Drive • Rochester • NY • 14624 • Phone: (585) 352-7777 Transcat Reports Strong First Quarter Results with Significant Gross Margin Expansion and EBITDA Growth ● Distribution gross margins expanded 620 basis points on strength of rentals ● Consolidated adjusted EBITDA grew 20.4% with margins expanding 130 basis points "We are pleased with our strong first quarter results as gross margins expanded 310 basis point ...