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Transcat (TRNS)
NASDAQ:TRNS
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Earnings Data
Report Date
Jan 27, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.45Last Year’s EPS
0.56Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 23, 2018
|% Change Since: -16.04%
|Next Earnings Date:Jul 24, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed performance with strong revenue growth in core areas and a robust balance sheet, but significant challenges in the NEXA segment and hurricane impacts on distribution margins. The company's proactive measures to address these issues suggest a cautious optimism for future quarters.Company Guidance
During the second quarter of fiscal 2025, Transcat reported an 8% increase in consolidated revenue, reaching $67.8 million, with a notable 6% growth in Service revenue, 4% of which was organic. Excluding NEXA, organic service growth was 9%. The Distribution segment saw an 11% increase, driven by strong performance in traditional rental businesses. Gross profit rose by 5% to $21.2 million, although Becnel's operations were negatively impacted by hurricanes, affecting distribution margins. Net income improved to $3.3 million, up from $0.5 million the previous year, with adjusted diluted earnings per share at $0.52. Adjusted EBITDA was $8.9 million, a 5% decline year-over-year, primarily due to NEXA and Becnel challenges. Operating cash flow remained consistent, with capital expenditures up $2.2 million year-over-year. The balance sheet showed a leverage ratio of 0.08x and $80 million available in credit. Transcat expects to address NEXA's integration issues and anticipates a return to growth, alongside a strategic focus on M&A to expand market opportunities.Consolidated Revenue Growth
Consolidated revenue increased by 8% to $67.8 million, driven by consistent demand for calibration services and solid performance in the rental business.
Service Revenue Performance
Service revenue recorded its 62nd straight quarter of year-over-year growth, with a 6% overall increase and 9% organic growth excluding NEXA.
Distribution Segment Growth
Distribution revenue grew 11%, with gross profits increasing by 10% despite challenges from hurricanes affecting margins.
Strong Balance Sheet
The company maintains a strong balance sheet with total net cash of $20.8 million and a leverage ratio of 0.08x.
Adjusted Earnings Per Share Increase
Adjusted diluted earnings per share was $0.52, showing improvement from the prior year.
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TRNS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TRNS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $119.51 | $99.45 | -16.79% |
| Jul 29, 2024 | $135.19 | $116.91 | -13.52% |
| May 20, 2024 | $124.12 | $141.86 | +14.29% |
| Jan 29, 2024 | $101.97 | $108.77 | +6.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Transcat (TRNS) report earnings?
Transcat (TRNS) is schdueled to report earning on Jan 27, 2025, TBA Not Confirmed.
What is Transcat (TRNS) earnings time?
Transcat (TRNS) earnings time is at Jan 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TRNS EPS forecast?
TRNS EPS forecast for the fiscal quarter 2025 (Q3) is 0.45.
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