Get ready to mark your calendars because the much anticipated fourth quarter financial results of Peloton Interactive (NASDAQ: PTON) are set to be unveiled on Thursday 22nd August 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled before market open.
According to the forecasts of financial experts on Wall Street, the concern is expected to reveal an anticipated $0.17 loss per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $630.48 million.
The earnings report for the corresponding quarter in the previous year showcased a per-share loss of $0.68. This considerable sum was attributed to the company's total revenue, which reached an impressive $642.1 million during that specific quarter.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $2.69 billion. Additionally, they expect the company to post loss of $1.6 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q3 2024 | $-0.45 | +43.0% | 717.70 M | -4.2% |
| Q2 2024 | $-0.54 | +44.9% | 743.60 M | -6.2% |
| Q1 2024 | $-0.44 | +63.3% | 595.50 M | -3.4% |
| Q4 2023 | $-0.68 | +48.5% | 642.10 M | -5.4% |
*Growth on year-over-year basis
Peloton Interactive (PTON) closed Wednesday's regular trading session at $3.36, marking a 5.00 percent upturn. During the day, PTON shares traded between $3.18 and $3.38, with a day volume of 14.95 million shares.
