Transcat, Inc. (TRNS) Q1 Earnings Beat Estimates

Transcat, Inc. (TRNS) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of$0.29 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. There are no easy answers to this key question, but one reliable measure ...