Core Insights - Transcat, Inc. reported quarterly earnings of $0.64 per share, missing the Zacks Consensus Estimate of $0.66 per share, and down from $0.77 per share a year ago, representing an earnings surprise of -3.03% [1] - The company posted revenues of $77.13 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.44%, compared to year-ago revenues of $70.91 million [2] - Transcat shares have declined approximately 23.2% since the beginning of the year, contrasting with the S&P 500's gain of 1.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.64 on revenues of $73.8 million, and for the current fiscal year, it is $2.63 on revenues of $306.01 million [7] - The estimate revisions trend for Transcat is mixed, leading to a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Industry Context - The Instruments - Control industry, to which Transcat belongs, is currently in the top 39% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, Thermon Group, is expected to report quarterly earnings of $0.50 per share, reflecting a year-over-year change of +47.1%, with revenues anticipated to be $133.56 million, up 4.6% from the previous year [9][10]
Transcat, Inc. (TRNS) Lags Q4 Earnings Estimates