Peloton Interactive Inc. came up shy Thursday with its revenue forecast for the current quarter, but the maker of connected fitness equipment beat the consensus view in the holiday period. Shares of Peloton PTON, -4.30% were moving about 3% higher in premarket action initially following the latest report. The company notched a fiscal second-quarter net loss of $194.9 million, or 54 cents a share, whereas it posted a loss of $335.4 million, or 98 cents a share, in the year-prior period. Analysts were modelin ...

A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2.Peloton managed to turn a gross profit off of its pricey connected fitness products for a second quarter in a row, but the company said Thursday it expects more challenges ahead after it failed to reach a number of goals CEO Barry McCarthy outlined a year ago. The retailer delivered mixed results for its holiday quarter, as it lost slightly more money ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39058 Peloton Interactive, Inc. (Exact name of registrant as specified in its charter) Delaware 47-3533761 (State or other j ...

Peloton Interactive, Inc. (PTON) is scheduled to report second-quarter fiscal 2024 results on Feb 1, 2024, before the opening bell. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 22.2%,The Trend in Estimate RevisionThe Zacks Consensus Estimate for the fiscal second quarter is pegged at a loss of 55 cents per share. It reported a loss of 98 cents in the year-ago quarter.For revenues, the consensus mark is pegged at $740.8 million, suggesting a decline of 6.6% from ...

The remote work environment is still dynamically changing as 2024 approaches. What was once a requirement during the pandemic is now considered standard practice in the business sector. This change has important ramifications for investors, especially when it comes to choosing which firms to sell that are remote work stocks.The hybrid work approach combines elements of the in-person and remote working styles and has continued to be embraced. This method helps employees to personalize their work environment ...

Shares of Peloton (PTON 3.50%) jumped as much as 11.5% in early trading on Monday as investors bid up riskier stocks in the market overall. Shares had given up some of those gains and were up 4.9% at 11:45 a.m. ET.Peloton's big steps forwardThe company's stock performance has been nothing to write home about recently, as you can see in the chart below. However, the business has been making steady steps forward in building out a more sustainable model.In 2023, the company pivoted to an app-first subscription ...

Peloton (PTON -3.80%) has taken shareholders on a wild roller coaster ride in the past few years. The stock was once a favorite on Wall Street, thanks to skyrocketing sales. But times have changed.Shares continue to take a hit, as they dropped 23% in 2023 and are down 7% so far this year (as of Jan. 18). As a result, investors looking for a value play might have their sights on Peloton.If you're looking to buy this beaten-down consumer discretionary stock right now, take the time to know these four things f ...

NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) will release its second quarter fiscal 2024 results before the U.S. stock market opens on Thursday, February 1, 2024. The company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. (Eastern Time) that day. To access the call by phone, please visit this link for registration (phone registration link) to be provided with dial in details. To avoid delays, we encourage participants to register ...

The market is holding steady in 2024 following a heady 2023. That may be thanks to investor enthusiasm at the prospect of interest rates falling year and many companies reporting positive business trends. In the meantime, you still have the opportunity to find bargain stocks before they take off.Peloton Interactive (PTON -2.51%) is down 96% from its highs, but at least one Wall Street analyst expects it to gain 226% in 2024, according to CNN Business. The fitness equipment maker has had a rough few years, a ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Peloton Interactive. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...