Traeger (COOK) Reports Q3 Loss, Tops Revenue Estimates
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Traeger (COOK) reported a Q3 loss of $0.06 per share, which was in line with the Zacks Consensus Estimate, and an improvement from the $0.12 loss per share a year ago. The company also exceeded revenue estimates.
November 06, 2024 | 11:45 pm
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Traeger reported a Q3 loss of $0.06 per share, matching estimates and improving from last year's $0.12 loss. The company also exceeded revenue expectations.
The improvement in Traeger's earnings per share from a $0.12 loss to a $0.06 loss, along with exceeding revenue estimates, suggests positive momentum for the company. This could lead to a short-term positive impact on the stock price.
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