Traeger Inc reports results for the quarter ended March 31 - Earnings Summary
02/05/2025 06:31
Traeger Inc COOK.N reported quarterly adjusted earnings of 5 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of nine analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from zero cents to 6 cents per share. Revenue fell 1.1% to $143.28 million from a year ago; analysts expected $140.59 million. Traeger Inc's reported EPS for the quarter was a loss of 1 cent. The company reported a quarterly loss of $778 thousand. Traeger Inc shares had fallen by 11.9% this quarter and lost 38.1% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 48.7% 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 also "hold" Wall Street's median 12-month price target for Traeger Inc is $2.50 This summary was machine generated from LSEG data May 2 at 05:30 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 |
| Mar. 31 2025 | 0.04 | 0.05 | Beat |
| Dec. 31 2024 | 0.01 | 0.01 | Met |
| Sep. 30 2024 | -0.06 | -0.06 | Met |
| Jun. 30 2024 | 0.04 | 0.06 | Beat |