Traeger: Q3 Earnings Snapshot
SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Traeger Inc. (COOK) on Wednesday reported a loss of $19.3 million in its third quarter.
SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Traeger Inc. (COOK) on Wednesday reported a loss of $19.3 million in its third quarter.
Suggested Reading
The Salt Lake City-based company said it had a loss of 16 cents per share. Losses, adjusted for one-time gains and costs, came to 12 cents per share.
Related Content
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The barbecue grill maker posted revenue of $117.7 million in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $109 million.
Traeger expects full-year revenue in the range of $590 million to $600 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COOK at https://www.zacks.com/ap/COOK