US8935291075 - Common Stock
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how WESCO (NYSE:WCC) and the rest of the maintenance and repair distributors stocks fared in Q3.
Shares of measurement equipment distributor Transcat (NASDAQ:TRNS) fell 13.9% in the morning session after the company reported underwhelming third-quarter earnings results, with its revenue, EBITDA, and EPS missing Wall Street's estimates. Management attributed the weakness to the deceleration in Service organic revenue growth which fell below historical trends due to a decline in the Nexa cost control and optimization services business. Overall, this was a softer quarter.
Measurement equipment distributor Transcat (NASDAQ:TRNS) fell short of the market’s revenue expectations in Q3 CY2024, but sales rose 8% year on year to $67.83 million. Its GAAP profit of $0.35 per share was also 24.5% below analysts’ consensus estimates.
Measurement equipment distributor Transcat (NASDAQ:TRNS) will be reporting earnings tomorrow afternoon. Here’s what to expect.
TRNS stock results show that Transcat beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2025.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Transcat (NASDAQ:TRNS) just reported results for the first quarter of 2025.Tran...
Earnings results often indicate what direction a company will take in the months ahead. With Q1 now behind us, let’s have a look at Transcat (NASDAQ:TRNS) and its peers.
The testing equipment company exceeded expectations and sees further growth up ahead
TRNS stock results show that Transcat beat analyst estimates for earnings per share and beat on revenue for the fourth quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Transcat (NASDAQ:TRNS) just reported results for the fourth quarter of 2024.Tra...