Traeger Inc expected to post earnings of 3 cents a share - Earnings Preview

Traeger

07/05/2024 03:06

* Traeger Inc  COOK.N   COOK.K  is expected to show a fall
in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Salt Lake City Utah-based  company is expected to
report a
6.0% decrease in revenue to $143.911 million from $153.16
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Traeger Inc is for
earnings of
3 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Traeger Inc
is
$3.50​, above​ its last closing price of $2.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.05       -0.05      -0.08     Missed  -56.5
 Sep. 30 0001  -0.11       -0.12      -0.12     Met     1.8
 Jun. 30 2023  -0.02       -0.02      0.04      Beat    310.5​
 Mar. 31 2023  0.02        0.02       0.04      Beat    111.8
 ​​Jan.        -0.06       -0.15      -0.07     Beat    53.3
 1 0001                                                 
 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. 31 2022  0.10        0.09       0.17      Beat    98.7
 This summary was machine generated May 7 at 02:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)