Peloton Interactive Q4 2024 GAAP EPS $(0.08) Beats $(0.16) Estimate, Sales $643.60M Beat $630.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
Peloton Interactive reported better-than-expected Q4 2024 results with a GAAP EPS of $(0.08), beating the estimate of $(0.16), and sales of $643.60M, surpassing the $630.48M estimate. This marks a significant improvement from the previous year's losses.
August 22, 2024 | 11:00 am
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Peloton Interactive's Q4 2024 results exceeded expectations with a GAAP EPS of $(0.08) compared to the $(0.16) estimate, and sales of $643.60M, beating the $630.48M estimate. This reflects a significant improvement from the previous year's performance.
Peloton's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. The significant improvement in EPS and sales compared to estimates and the previous year suggests strong operational performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100