Peloton Q4 Preview: What Analyst Are Expecting With Stock 40% Lower Year-On-Year
Portfolio Pulse from Chris Katje
Peloton Interactive (NASDAQ:PTON) is set to report its Q4 financial results. Analysts expect the company to report a revenue of $639.9 million and a loss of 38 cents per share. The company has missed revenue estimates in five of the last seven quarters and earnings per share estimates in the last eight quarters. Several analysts have lowered price targets for the stock after Q3 results. The company's new initiative, Peloton for Business, is expected to be a focal point in the upcoming earnings.
August 22, 2023 | 6:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Peloton is expected to report Q4 revenue of $639.9 million and a loss of 38 cents per share. The company has consistently missed estimates and analysts have lowered price targets. The new initiative, Peloton for Business, could impact future performance.
Peloton has consistently missed revenue and earnings estimates, which has led to lowered price targets by analysts. This could negatively impact the stock price. The new initiative, Peloton for Business, could potentially improve the company's performance, but it's too early to tell.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100