Traeger Inc expected to post a loss of 6 cents a share - Earnings Preview

Reuters11-05 05:24

* Traeger Inc is expected to show a rise in quarterly revenue when it reports results on November 6 for the period ending September 30 2024

* The Salt Lake City Utah-based company is expected to report a 0.9% increase in revenue to $118.767 million from $117.73 million a year ago, according to the mean estimate from 9 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Traeger Inc is for a loss of 6 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Traeger Inc is $3.50​, above​ its last closing price of $3.12. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.03 0.04 0.06 Beat 46.3

Mar. 31 2024 0.02 0.03 0.04 Beat 21.2

Dec. 31 2023 -0.05 -0.05 -0.08 Missed -56.5​

Sep. 30 2023 -0.11 -0.12 -0.12 Met 1.8

​​Jan. -0.02 -0.02 0.04 Beat 310.5

1 0001

Mar. 31 2023 0.02 0.02 0.04 Beat 111.8​

Dec. 31 2022 -0.06 -0.15 -0.07 Beat 53.3

Jan. 1 0001 -0.21 -0.20 -0.21 Missed -4.4

This summary was machine generated November 4 at 21:24 GMT. 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)

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