Transcat, Inc. (TRNS) Misses Q2 Earnings and Revenue Estimates

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 ...