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Stock impact report

Need To Know: The Consensus Just Cut Its TransAct Technologies Incorporated (NASDAQ:TACT) Estimates For 2024 [Yahoo! Finance]

TransAct Technologies Incorporated (TACT) 
Last transact technologies incorporated earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: transacttech.gcs-web.com/investor-relations
Company Research Source: Yahoo! Finance
This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative. Following the latest downgrade, the current consensus, from the dual analysts covering TransAct Technologies, is for revenues of US$46m in 2024, which would reflect a concerning 24% reduction in TransAct Technologies' sales over the past 12 months. After this downgrade, the company is anticipated to report a loss of US$0.25 in 2024, a sharp decline from a profit over the last year. Yet prior to the latest estimates, the analysts had been forecasting revenues of US$54m and losses of US$0.23 per share in 2024. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a serious cut to their revenue forecasts while also expecting losses per share to increase. Check out our latest analysis for TransAct Technologies The consensus price target fell 7.9% to US$8.75, implicitly signalling that lower e Show less Read more
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