Traeger Inc reports results for the quarter ended in December - Earnings Summary

Traeger

16/03/2023 21:02

* Traeger Inc  COOK.N  reported a quarterly adjusted loss
of 7
cents​​ per share for the quarter ended in December. The mean
expectation of ten analysts for the quarter was for a loss of 15
cents per share.
    * Revenue fell 21% to $138.13 million from a year ago;
analysts
expected $118.43 million. 
    * Traeger Inc's reported EPS for the quarter was a loss
of 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Traeger Inc shares had risen by 14.9% this quarter.
    * The company reported a quarterly loss of $28.9 million.
    * Wall Street's median 12-month price target for Traeger Inc
is
$3.75 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 16 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.15          -0.07          Beat
 Sep. 30 2022      -0.20          -0.21          Missed
 Jun. 30 2022      0.05           0.04           Missed
 Mar. 31 2022      0.09           0.17           Beat