Peloton Earnings: I Was So Wrong, Buy (Rating Upgrade)
Peloton Interactive, Inc.'s fiscal Q4 2024 earnings exceeded expectations, showing the company's resilience despite challenges. Despite shrinking revenue and high debt, Peloton's updated guidance has led to a stock upgrade to a buy. Peloton's valuation at approximately 6x forward free cash flow may present an opportunity for investors willing to take a contrarian stance.
PTON Stock Earnings: Peloton Interactive Beats EPS, Beats Revenue for Q4 2024
Peloton Interactive (NASDAQ: PTON ) just reported results for the fourth quarter of 2024. Peloton Interactive reported earnings per share of -8 cents.
Peloton (PTON) Stock Up on Q4 Earnings and Revenue Beat
Peloton's (PTON) fourth-quarter fiscal 2024 top line is hurt by dismal Connected Fitness revenues.
Why Peloton Stock Jumped Thursday
Peloton just accomplished something it hasn't done in more than three years. The company's shift in focus from revenue growth to profitability is starting to pay off.
Compared to Estimates, Peloton (PTON) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for Peloton (PTON) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Peloton Stock Surges on Unexpected Sales Growth
Peloton Interactive Inc (NASDAQ:PTON) announced smaller-than-expected losses of 8 cents per share for the second quarter, in addition to a revenue beat as sales grew for the first time in over two years.
Peloton to start charging subscribers with used equipment $95 activation fee
Connected fitness company Peloton said it will start charging a one-time $95 activation fee for new subscribers that bought used hardware on the secondary market. The Bike and Tread maker said the secondary market is an "important source" of new members.
Peloton (PTON) Reports Q4 Loss, Tops Revenue Estimates
Peloton (PTON) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.68 per share a year ago.
Fitness-Equipment Maker Peloton Reports Unexpected Q4 Sales Growth First Time Since 2022, Positive EBITDA Since 2021
Interactive fitness platform provider Peloton Interactive, Inc. PTON stock jumped during premarket trading on Thursday after the company reported better-than-expected fourth-quarter results.
Peloton stock rallies as Q4 earnings beat estimates
Peloton Interactive Inc (NASDAQ: PTON) jumped 10% in premarket on Thursday after coming in ahead of Street estimates for its fiscal fourth quarter, indicating that the embattled connected fitness company may finally be starting to get hold of its long-standing struggles under the interim CEO.
Peloton ends streak of revenue declines, sending its stock soaring on earnings
Peloton Interactive Inc. eked out quarterly revenue growth for the first time in 2½ years, and the connected-fitness company's stock was surging in Thursday's premarket action.
Peloton Stock Jumps After Quarterly Loss Narrows
Peloton reports a fiscal fourth-quarter adjusted loss of 8 cents a share, narrower than the year-earlier loss of 68 cents.
