Transcat (TRNS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Transcat, Inc. reported revenue of $66.75 million for the quarter ended December 2024, reflecting a year-over-year increase of 2.4% but a revenue surprise of -5.49% compared to the Zacks Consensus Estimate of $70.63 million [1] - The company's EPS for the quarter was $0.45, which is an increase from $0.38 in the same quarter last year, but fell short of the consensus estimate of $0.53, resulting in an EPS surprise of -15.09% [1] Financial Performance Metrics - Distribution Sales revenue was reported at $25.20 million, which is lower than the estimated $26.60 million, but shows a year-over-year increase of 6.5% [4] - Service Revenue was reported at $41.56 million, below the estimated $44.03 million, with a minimal year-over-year increase of 0.1% [4] - Gross Profit from Distribution was $7.32 million, compared to the average estimate of $8.68 million, indicating a shortfall [4] - Gross Profit from Service was $12.36 million, which also fell short of the average estimate of $14.28 million [4] Stock Performance - Over the past month, Transcat's shares have returned -6.1%, contrasting with a +1.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), suggesting potential underperformance relative to the broader market in the near term [3]