Transcat, Inc. (TRNS) Lags Q3 Earnings and Revenue Estimates
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Transcat, Inc. (TRNS) reported Q3 earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.53. This is an increase from $0.38 per share a year ago.
January 27, 2025 | 11:30 pm
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Transcat, Inc. reported Q3 earnings of $0.45 per share, missing the expected $0.53. Despite the miss, earnings increased from $0.38 per share a year ago.
The earnings miss is likely to negatively impact the stock price in the short term as it did not meet analyst expectations. However, the year-over-year increase in earnings per share may mitigate some negative sentiment.
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