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Stock impact report

Traeger, Inc. (NYSE:COOK) Just Reported, And Analysts Assigned A US$3.29 Price Target [Yahoo! Finance]

Traeger, Inc. (COOK) 
Company Research Source: Yahoo! Finance
Revenues came in at US$606m, in line with expectations, while statutory losses per share were substantially higher than expected, at US$0.68 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. See our latest analysis for Traeger Taking into account the latest results, the current consensus, from the ten analysts covering Traeger, is for revenues of US$592.2m in 2024. This implies a noticeable 2.3% reduction in Traeger's revenue over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 35% to US$0.43. Before this earnings announcement, the analysts had been modelling revenues of US$606.2m and losses of US$0.37 per share in 2024. While this year's revenue esti Show less Read more
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