Traeger Inc expected to post earnings of 5  cents a share - Earnings Preview

Traeger

09/08/2022 01:03

* Traeger Inc  COOK.N   COOK.K  is expected to show a rise
in
quarterly revenue when it reports  results on August 10. 
    * The Salt Lake City Utah-based  company is expected to
report  a
3.0% increase in revenue to $219.481 million from $213.02
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
earnings of 5 cents per share. For the same quarter last year,
the company reported earnings of 15 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"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
$5​, above​ its last closing price of $3.76. ​​​
    * 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 2022  0.10        0.09       0.17      Beat    98.7
 Dec. 31 2022  -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 9 at 00:03 GMT.  All
figures in US dollars  unless otherwise stated