Compared to Estimates, Peloton (PTON) Q2 Earnings: A Look at Key Metrics

Financial Performance - Peloton reported revenue of $673.9 million for the quarter ended December 2024, reflecting a year-over-year decline of 9.4% [1] - The EPS for the same period was -$0.24, an improvement from -$0.54 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $655.23 million by 2.85%, while the EPS fell short of the consensus estimate of -$0.19 by 26.32% [1] Key Metrics - Ending Connected Fitness Subscriptions were 2,879, slightly above the average estimate of 2,854 [4] - Ending Paid App Subscriptions totaled 579,000, slightly below the average estimate of 580,260 [4] - Average Net Monthly Connected Fitness Churn was 1.4%, better than the average estimate of 1.7% [4] Revenue Breakdown - Subscription revenues reached $420.60 million, surpassing the estimated $417.01 million, but showing a year-over-year decline of 0.9% [4] - Revenues from Connected Fitness Products were $253.40 million, exceeding the average estimate of $239.43 million, with a year-over-year decline of 20.6% [4] - Gross profit from Subscription was $285.60 million, above the estimated $280.93 million, while Gross profit from Connected Fitness Products was $32.80 million, exceeding the estimate of $23.96 million [4] Stock Performance - Peloton's shares have returned -12.2% over the past month, contrasting with the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]