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For the quarter ended September 2024, Transcat, Inc. (TRNS) reported revenue of $67.83 million, up 8% over the same period last year. EPS came in at $0.35, compared to $0.41 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $70.69 million, representing a surprise of -4.06%. The company delivered an EPS surprise of -25.53%, with the consensus EPS estimate being $0.47.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Transcat performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Revenue- Distribution Sales: $23.74 million versus the two-analyst average estimate of $25.34 million. The reported number represents a year-over-year change of +11.1%.
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Revenue- Service Revenue: $44.08 million versus $45.47 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +6.4% change.
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Gross Profit- Distribution: $6.62 million versus the two-analyst average estimate of $7.92 million.
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Gross Profit- Service: $14.59 million versus the two-analyst average estimate of $16.10 million.
View all Key Company Metrics for Transcat here>>>
Shares of Transcat have returned -1.4% over the past month versus the Zacks S&P 500 composite's +2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Transcat, Inc. (TRNS) : Free Stock Analysis Report