Recap: Traeger Q2 Earnings


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


 

Traeger (NYSE:COOK) reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Traeger missed estimated earnings by 20.0%, reporting an EPS of $0.04 versus an estimate of $0.05.

Revenue was down $12.75 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 19.95% increase in the share price the next day.

Here's a look at Traeger's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.09 -0.05 -0.08 0.04
EPS Actual 0.17 0.03 -0.06 0.15
Revenue Estimate 210.10M 157.19M 140.88M 211.06M
Revenue Actual 223.71M 174.93M 162.02M 213.02M

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.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsBZI-Recaps