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Weber: Fiscal Q2 Earnings Snapshot

May 16, 2022 GMT

PALATINE, Ill. (AP) _ Weber Inc. (WEBR) on Monday reported a loss of $54.5 million in its fiscal second quarter.

The Palatine, Illinois-based company said it had a loss of $1.02 per share. Losses, adjusted for non-recurring costs, came to 64 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.

The maker of outdoor cooking equipment posted revenue of $607.3 million in the period.

Weber expects full-year revenue in the range of $1.65 billion to $1.8 billion.

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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 WEBR at https://www.zacks.com/ap/WEBR