Traeger Inc expected to post a loss of 2 cents a share - Earnings Preview

Traeger

01/08/2023 03:04

* Traeger Inc  COOK.N   COOK.K  is expected to show a fall
in
quarterly revenue when it reports  results on August 2. 
    * The Salt Lake City Utah-based  company is expected to
report  a
22.7% decrease in revenue to $154.889 million from $200.27
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Traeger Inc is for
a loss
of 2 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Traeger Inc
is
$3.5​, below​ its last closing price of $4.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.02        0.02       0.04      Beat    111.8
 Dec. 31 2023  -0.06       -0.15      -0.07     Beat    53.3
 Sep. 30 2022  -0.21       -0.20      -0.21     Missed  -4.4​
 Jun. 30 2022  0.04        0.05       0.04      Missed  -14.3
 ​​Mar.        0.10        0.09       0.17      Beat    98.7
 31 2022                                                
 Dec. 31 2021  -0.07       -0.05      0.03      Beat    157.1​
 Sep. 30 2021  -0.07       -0.08      -0.06     Beat    25.7
 Jun. 30 2021  0.04        0.04       0.15      Beat    307.6
 This summary was machine generated August 1 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated