Peloton beats fiscal Q1 expectations with $559.2 million in revenue
FROM THE WIRE · FINANCE.YAHOO.COM
NEW YORK (AP) — NEW YORK (AP) — Peloton Interactive Inc. (PTON) on Thursday reported fiscal first-quarter earnings of $96.2 million. On a per-share basis, the New York-based company said it had profit of 19 cents. The results surpassed Wall Street expectations. The average…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults beat expectations, with full-year revenue guided to $2.3 to $2.4 billion.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Peloton reported fiscal first-quarter earnings of $96.2 million, or 19 cents per share.
- 02Analysts expected 11 cents per share and revenue of $555.8 million.
- 03For the quarter ending in December, revenue is expected between $625 and $650 million.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets