SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Traeger Inc. (COOK) on Wednesday reported a loss of $19.3 million in its third quarter.
The Salt Lake City-based company said it had a loss of 16 cents per share. Losses, adjusted for one-time gains and costs, came to 12 cents per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The barbecue grill maker posted revenue of $117.7 million in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $109 million.
Traeger expects full-year revenue in the range of $590 million to $600 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