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

Traeger

10/05/2023 22:02

* Traeger Inc  COOK.N  reported quarterly adjusted earnings
of 4
cents​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for earnings of
2 cents per share.
    * Revenue fell 31.5% to $153.16 million from a year ago;
analysts
expected $152.08 million. 
    * Traeger Inc's reported EPS for the quarter was 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 52.8%
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 fallen by 31.6% this quarter and
lost 0.4% so far this year.
    * The company reported quarterly net income of $8.02
million.
    * Wall Street's median 12-month price target for Traeger Inc
is
$3.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.02           0.04           Beat
 Dec. 31 2022      -0.15          -0.07          Beat
 Sep. 30 2022      -0.20          -0.21          Missed
 Jun. 30 2022      0.05           0.04           Missed