Traeger, Inc. reports results for the quarter ended June 30 - Earnings Summary
Traeger, Inc. reports results for the quarter ended June 30 - Earnings Summary
Traeger, Inc. COOK.N reported quarterly adjusted earnings of 53 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -50 cents. The mean expectation of seven analysts for the quarter was for a loss of $1.57 per share. Wall Street expected results to range from $-3.72 to 91 cents per share.
Revenue fell 17.4% to $120.16 million from a year ago; analysts expected $133.20 million.
Traeger, Inc.'s reported EPS for the quarter was a loss of $3.12.
The company reported a quarterly loss of $8.56 million.
Traeger, Inc. shares had fallen by 12.8% this quarter and gained 27.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 60.8% 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 1 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the appliances, tools & housewares peer group is also "hold"
Wall Street's median 12-month price target for Traeger, Inc. is $40.00, about 70.2% below its last closing price of $68.07
This summary was machine generated from LSEG data August 6 at 01:09 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -1.57 | 0.53 | Beat |
Mar. 31 2026 | -3.03 | 1.49 | Beat |
Dec. 31 2025 | 0.14 | 0.50 | Beat |
Sep. 30 2025 | -2.19 | -8.50 | Missed |