Peloton Interactive's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Peloton Interactive (NASDAQ:PTON) is set to release its latest quarterly earnings report on Wednesday, 2023-08-23. Analysts estimate an earnings per share (EPS) of $-0.38. The company's past performance shows a pattern of missing EPS estimates but experiencing a subsequent increase in share price. Currently, shares are trading at $7.02, down 46.89% over the last 52-week period.
August 22, 2023 | 2:01 pm
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Peloton Interactive is expected to report an EPS of $-0.38 in its upcoming earnings report. Despite past misses on EPS estimates, the company's share price has typically increased following the announcement. However, the stock is down 46.89% over the last year.
The upcoming earnings report is a significant event for Peloton Interactive. While the company has a history of missing EPS estimates, this has often been followed by an increase in share price. However, the overall downward trend of the stock over the past year suggests investor sentiment is bearish.
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IMPORTANCE 80
RELEVANCE 100