Traeger (COOK) Q4 Earnings Meet Estimates

Core Viewpoint - Traeger reported quarterly earnings of $0.01 per share, matching the Zacks Consensus Estimate, and showing improvement from a loss of $0.08 per share a year ago [1] - The company achieved revenues of $168.64 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 2.44% and up from $163.48 million year-over-year [2] Financial Performance - Traeger has not surpassed consensus EPS estimates over the last four quarters, with the latest quarter reflecting a loss of $0.06 per share as expected [1] - The company has topped consensus revenue estimates four times in the last four quarters [2] Stock Performance - Traeger shares have declined approximately 6.3% since the beginning of the year, contrasting with the S&P 500's decline of 0.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.07 on revenues of $150.24 million, and for the current fiscal year, it is $0.18 on revenues of $624.28 million [7] - The trend of estimate revisions for Traeger is mixed, which may change following the recent earnings report [6] Industry Context - The Consumer Products - Discretionary industry, to which Traeger belongs, is currently ranked in the bottom 40% of over 250 Zacks industries, which may impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry outlook can materially affect stock performance [5][8]