Transcat (NASDAQ:TRNS) reported quarterly earnings of $0.26 per share which missed the analyst consensus estimate of $0.38 by 31.03 percent. This is a 42.22 percent decrease over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $83.856 million which beat the analyst consensus estimate of $82.475 million by 1.67 percent. This is a 25.62 percent increase over sales of $66.754 million the same period last year.