Traeger Sees FY24 Revenue $580M-$605M Vs $591.845M Est.
Portfolio Pulse from Benzinga Newsdesk
Traeger, Inc. projects its FY24 revenue to be between $580M-$605M, compared to the estimated $591.845M by analysts.

May 08, 2024 | 9:27 pm
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Traeger, Inc. (COOK) anticipates FY24 revenue to range between $580M and $605M, aligning closely with analyst expectations of $591.845M.
Traeger's FY24 revenue projection is closely aligned with analyst estimates, indicating management's confidence in the company's growth trajectory. However, since the forecast range encompasses the analyst estimate, the immediate impact on the stock price may be neutral. Investors might have anticipated a guidance range that either significantly exceeds or falls short of consensus estimates to trigger a more pronounced stock price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100