Although the revenue and EPS for Peloton (PTON) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Shares of Peloton Interactive (PTON) surged Thursday as the connected fitness company swung to a surprise fiscal fourth-quarter profit and announced a restructuring plan that includes layoffs.
Peloton (PTON) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to a loss of $0.08 per share a year ago.
Peloton beat Wall Street's expectations on the top and bottom lines, delivering a surprise profit that came in well ahead of forecasts. The connected fitness company said it's introducing another cost cutting plan to save $100 million in expenses, half of which will come from laying off 6% of staff.
Peloton Interactive Inc (NASDAQ:PTON) stock is up 10.7% to trade at $6.84 at last check, following an upgrade from UBS to "buy" from "neutral," which came alongside a lofty price-target hike to $11 from $7.50.
Peloton is reportedly launching a national expansion of its bikes/treadmill resale marketplace. A pilot version of this program yielded about three dozen sales in the last two months, and now the connected fitness company is expanding the marketplace on a national scale, Bloomberg News reported Tuesday (July 29).
The connected fitness company also created the role of chief technology officer to focus on AI.
Peloton's rebound reflects rising subscriptions, tight cost control and refurbished sales. Yet, the hardware sales drag lingers.
Fitness equipment maker Peloton‘s CEO Peter Stern has said the company is exploring ways to expand its customer base by making its products available for use in gyms, and launching a peer-to-peer marketplace for used equipment.
Peloton has launched an equipment and accessories resale marketplace called Peloton Repowered, as the company boss also slapped a ‘not for sale' sign over the business.
Peloton introduced its own peer-to-peer resale marketplace, Repowered. [contact-form-7] The launch aims to capture a segment of the expanding resale market for connected fitness equipment and monetize devices no longer in active use in customers' homes, CNBC reported Tuesday (June 3).
Peloton Interactive, Inc. (NASDAQ:PTON ) Bank of America Global Technology Conference Call June 4, 2025 1:00 PM ET Company Participants Peter C. Stern - CEO, President & Director Conference Call Participants Curtis Smyser Nagle - BofA Securities, Research Division Curtis Smyser Nagle Peloton.