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Peloton (PTON) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.54 per share a year ago.
Peloton Interactive (PTON 3.69%), a leader in connected fitness product offerings, released its Q2 FY2025 earnings report on February 6, 2025.
Peloton's stock soars after earnings again, as strong demand for Tread products led to the biggest revenue beat in five years.
The company raises its fiscal-year forecast for adjusted Ebitda to a range of $300 million to $350 million.
Peloton delivered mixed results for its holiday quarter, but managed to blow away adjusted EBITDA expectations despite a wider loss per share than expected. The Bike and Tread maker's guidance indicated it's sacrificing sales growth for profitability in the near term, but could see revenue stabilize by the end of the year.
NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (Nasdaq: PTON) has announced its financial results for the second quarter fiscal 2025. Please visit the Peloton investor relations website to view the shareholder letter. Today, the company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. ET.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Peloton (PTON), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
PTON's second-quarter top line is likely to have been negatively impacted by a fall in Connected Fitness and app subscriptions.
Peloton's stock has surged since October but remains misaligned with fundamentals, showing weak technicals and potential for further decline. Peloton faces challenges as both a hardware and subscription service, with historical struggles in home fitness equipment and costly content creation. Inflation and economic pressures are eroding consumer spending, leading to declining subscription numbers.
Peloton (PTON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.