Shares of Peloton Interactive Inc PTON have been climbing after the company smashed first-quarter sales estimates last week.
CNBC's Jim Cramer explains why he is keeping an eye on shares of Peloton.
Investors wonder if the company's results justified this stock price increase.
Shares in Peloton Interactive (PTON) were down sharply Friday, giving back a chunk of the near-30% gain recorded yesterday after the fitness equipment maker announced a new chief executive officer and reported better-than-expected quarterly results.
24/7 Wall St. Insights Peloton Interactive Inc. (NASDAQ: PTON) shares surged after it named a new CEO.
Peloton reported earnings Thursday, but it was the new CEO that had the market excited.
Peloton announced that Ford executive Peter Stern will join the company as its new CEO. The fitness company is betting Stern can help turn things around.
Peloton's fiscal first-quarter result beat the Street's expectations and announced a new CEO after a months-long search. Brandon Gomez unpacks how investors are reacting.
Peloton Interactive, Inc. (NASDAQ:PTON ) Q1 2025 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants James Marsh - SVP, IR Karen Boone - Interim Co-CEO Chris Bruzzo - Interim Co-CEO Liz Coddington - CFO Conference Call Participants Simeon Siegel - BMO Capital Markets Brian Nagel - Oppenheimer. Nathan Feather - Morgan Stanley Shweta Khajuria - Wolfe Research Andrew Boone - JMP Securities Bryan Smilek - JPMorgan Eric Sheridan - Goldman Sachs Operator Good day, and welcome to Peloton's First Quarter Fiscal 2025 Conference Call.
The headline numbers for Peloton (PTON) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Shares of fitness company Peloton Interactive (PTON) soared 22% in premarket trading Thursday after its first-quarter results topped analysts' estimates and it appointed Ford executive Peter Stern as its new Chief Executive Officer (CEO) and president.
Peloton (PTON) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.44 per share a year ago.