Company Performance - TransAct Technologies Incorporated (TACT) reported a quarterly loss of 0.10, representing an earnings surprise of 40% [1] - The company posted revenues of 13.27 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates four times but has topped consensus revenue estimates only once [2] Stock Outlook - TransAct Technologies shares have declined approximately 11.3% since the beginning of the year, compared to a decline of 4.8% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -11.28 million, and for the current fiscal year, it is -47.95 million [7] - The estimate revisions trend for TransAct Technologies is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Computer - Peripheral Equipment industry, to which TransAct Technologies belongs, is currently in the top 35% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
TransAct Technologies Incorporated (TACT) Reports Q4 Loss, Lags Revenue Estimates