Recap: Traeger Q1 Earnings

Traeger 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.

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.

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.

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