Traeger Inc expected to post earnings of 4 cents a share - Earnings Preview

Traeger

03/08/2024 24:43

* Traeger Inc  COOK.N   COOK.K  is expected to show a fall
in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Salt Lake City Utah-based  company is expected to
report a
2.0% decrease in revenue to $168.033 million from $171.51
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
4 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 was unchanged 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 $2.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.02        0.03       0.04      Beat    21.2
 Dec. 31 2024  -0.05       -0.05      -0.08     Missed  -56.5
 Sep. 30 2023  -0.11       -0.12      -0.12     Met     1.8​
 Jun. 30 2023  -0.02       -0.02      0.04      Beat    310.5
 ​​Mar.        0.02        0.02       0.04      Beat    111.8
 31 2023                                                
 Dec. 31 2022  -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
 This summary was machine generated August 2 at 23:43 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)