Traeger (NYSE:COOK) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Traeger beat estimated earnings by 100.0%, reporting an EPS of $0.04 versus an estimate of $0.02.
Revenue was down $70.55 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 21.59% increase in the share price the next day.
Here’s a look at Traeger’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | -0.20 | 0.05 | 0.09 |
| EPS Actual | -0.07 | -0.21 | 0.04 | 0.17 |
| Revenue Estimate | 118.43M | 86.81M | 221.70M | 210.10M |
| Revenue Actual | 138.13M | 93.79M | 200.27M | 223.71M |
To track all earnings releases for Traeger visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
