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- Company news: Peloton (PTON) posts narrower-than-anticipated quarterly loss
Ekonomické zprávy
22.08.2024
Company news: Peloton (PTON) posts narrower-than-anticipated quarterly loss
Peloton (PTON) reported Q4 FY2024 loss of $0.08 per share (versus $(0.68) per share in Q4 FY2023), beating analysts’ consensus estimate of $(0.16) per share.
The company’s quarterly revenues amounted to $0.644 bln (+0.3% y/y), missing analysts’ consensus estimate of $0.633 bln.
However, the company issued downside revenue guidance for Q1 FY2025 of $0.560-0.580 bln versus analysts’ consensus estimate of $0.589 bln.
For the full FY2025, Peloton projected revenues of $2.40-$2.50 bln versus analysts’ consensus estimate of $2.69 bln.
PTON rose to $3.73 (+11.01%) in pre-market trading.
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