SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Traeger Inc. (COOK) on Thursday reported a loss of $778,000 in its first quarter.
On a per-share basis, the Salt Lake City-based company said it had a loss of 1 cent. Earnings, adjusted for one-time gains and costs, were 5 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The barbecue grill maker posted revenue of $143.3 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $140.1 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COOK at https://www.zacks.com/ap/COOK
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