Ljupco/iStock via Getty Images Investment Thesis Peloton Interactive, Inc. (NASDAQ:PTON) just came out with fiscal Q4 2024 earnings that showed all the bears just how wrong they were. And I want to include myself in that lineup as one of the most outspoken SA bears on PTON. The business is shrinking, and of that, there's no doubt. But the fact of the matter is that Peloton is likely going to survive! I love investing because it's the best reminder (outside of marriage life) of what a complete idiot you can ...

Peloton Interactive (NASDAQ:PTON) just reported results for the fourth quarter of 2024.Peloton Interactive reported earnings per share of -8 cents. This was above the analyst estimate for EPS of -17 cents.The company reported revenue of $643.60 million.This was 2.08% better than the analyst estimate for revenue of $630.48 million.InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including ...

Peloton Interactive, Inc. (PTON) reported fourth-quarter fiscal 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Following the results, the company’s shares increased 12% in the pre-market trading session on Aug 22.Earnings and RevenuesPTON reported an adjusted loss per share of 8 cents, narrower than the Zacks Consensus Estimate of a loss of 18 cents. In the prior-year quarter, the company had reported an adjusted loss of 68 cents per share. Revenues for the quarter ...

Peloton achieved positive free cash flow for the second consecutive quarter, blowing out expectations.Peloton Interactive (PTON 27.83%) looks to finally be reaping some benefits from a turnaround plan long in the making. Investors piled into the interactive fitness company's stock Thursday after Peloton reported its fiscal fourth-quarter results.Shares were up 27% just before 11 a.m. ET, after the company beat earnings and revenue expectations as the company continues to execute its turnaround strategy. Eve ...

For the quarter ended June 2024, Peloton (PTON) reported revenue of $643.6 million, up 0.2% over the same period last year. EPS came in at -$0.08, compared to -$0.68 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $626.19 million, representing a surprise of +2.78%. The company delivered an EPS surprise of +55.56%, with the consensus EPS estimate being -$0.18.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

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. The embattled fitness company noted it is now prioritizing profitability and cutting marketing and sales expenses. Though PTON remains firmly in penny stock territory, it was last seen up 17.4% to trade at $3.95, breaking through overhead pressure from the 60-day moving average as it bounces off its lowest ...

Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary market as more consumers snag lightly used equipment for a fraction of the typical retail price.The used equipment activation fee for subscribers in the U.S. and Canada comes as Peloton starts to see a meaningful increase in new members who bought used Bikes or Treads from peer-to-peer markets such as Facebook Marketplace. During its fiscal fourth quarter, which ended ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 55.56%. A quarter ago, it was expected that this exercise bike and treadmill company would post a loss of $0.39 per share when it actually produced a loss of $0.45, delivering a surprise of -15.38%.Over the last four quarters, the ...

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.The company reported sales of $643.6 million, up marginally by 0.2% year over year, beating the consensus of $630.5 million and outperforming the company’s $618 million-$643 million implied guidance range.“We achieved modest Y/Y revenue growth in Q4 for the first time since Q2 FY22”, the company said.The subscription seg ...

A stationary bicycle inside of a Peloton store is pictured in the Manhattan borough of New York City, U.S., January 25, 2022.Peloton said Thursday it is digging itself out of the red and eked out a slight sales increase for the first time in nine quarters. The beleaguered connected fitness company, which is currently being run by two board members after former CEO Barry McCarthy resigned earlier this year, saw sales grow by 0.2% during its fiscal fourth quarter. While only a modest uptick, it's the first ti ...