* Traeger Inc reported a quarterly adjusted loss of 6 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of ten analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -10 cents to -4 cents per share.
* Revenue rose 3.7% to $122.05 million from a year ago; analysts expected $118.77 million.
* Traeger Inc's reported EPS for the quarter was a loss of 15 cents.
* The company reported a quarterly loss of $19.79 million.
* Traeger Inc shares had fallen by 13.9% this quarter and gained 16.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 11.3% 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 4 "strong buy" or "buy," 5 "hold" and 1 "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 $3.75 This summary was machine generated from LSEG data November 7 at 02:30 p.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
Sep. 30 2024 -0.06 -0.06 Met
Jun. 30 2024 0.04 0.06 Beat
Mar. 31 2024 0.03 0.04 Beat
Dec. 31 2023 -0.05 -0.08 Missed
Comments