Traeger Inc expected to post a loss of 20 cents a share - Earnings Preview

Traeger

08/11/2022 03:01

* Traeger Inc  COOK.N   COOK.K  is expected to show a fall
in
quarterly revenue when it reports  results on November 9. 
    * The Salt Lake City Utah-based  company is expected to
report  a
46.4% decrease in revenue to $86.813 million from $162.02
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 20 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"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
$4​, below​ its last closing price of $4.05. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.04        0.05       0.04      Missed  -14.3
 Mar. 31 2022  0.10        0.09       0.17      Beat    98.7
 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.        0.04        0.04       0.15      Beat    307.6
 30 2021                                                
                                                        ​
 This summary was machine generated November 8 at 03:01 GMT.  All
figures in US dollars  unless otherwise stated