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

Traeger

09/11/2022 22:39

* Traeger Inc  COOK.N  reported a quarterly adjusted loss
of 21
cents​​ per share for the quarter ended in September. The mean
expectation of ten analysts for the quarter was for a loss of 20
cents per share.
    * Revenue fell 42.1% to $93.79 million from a year ago;
analysts
expected $86.81 million. 
    * Traeger Inc's reported EPS for the quarter was a loss of
$1.75​.
    * The mean earnings estimate of analysts had fallen by
about 115.5% 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 45.7% this quarter and
lost 66.2% so far this year.
    * The company reported a quarterly loss of $210.45 million.
    * Wall Street's median 12-month price target for Traeger Inc
is
$4.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
9 at 10:39 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.20          -0.21          Missed
 Jun. 30 2022      0.05           0.04           Missed
 Mar. 31 2022      0.09           0.17           Beat
 Dec. 31 2021      -0.05          0.03           Beat