Peloton Sees FY24 Revenue $2.7B-$2.8B vs $2.79B Est.
Portfolio Pulse from Benzinga Newsdesk
Peloton has projected its FY24 revenue to be between $2.7 billion and $2.8 billion, which is slightly below the estimated $2.79 billion.
November 02, 2023 | 11:11 am
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Peloton's FY24 revenue forecast is slightly below the estimated $2.79 billion, which could potentially impact investor sentiment.
Peloton's lower than expected revenue forecast for FY24 could potentially lead to negative investor sentiment, which may result in a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100