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COOK Traeger News Story

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Traeger Inc reports results for the quarter ended June 30 - Earnings Summary

Traeger Inc COOK.N reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 6 cents.  The mean expectation of eight analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 1 cents to 8 cents per share.

Revenue fell 13.6% to $145.48 million from a year ago; analysts expected $166.50 million.

Traeger Inc's reported EPS for the quarter was a loss of 6 cents​.

The company reported a quarterly loss of $7.38 million.

Traeger Inc shares had fallen by 3.5% this quarter and lost 31.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 8.1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the appliances, tools & housewares peer group is  "buy."

Wall Street's median 12-month price target for Traeger Inc is $1.50, about 13.3% below its last closing price of $1.70

This summary was machine generated from LSEG data August 7 at 01:18 a.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.05-0.01Missed
Mar. 31 20250.040.05Beat
Dec. 31 20240.010.01Met
Sep. 30 2024-0.06-0.06Met

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