Peloton Interactive (NASDAQ:PTON) reported its Q3 earnings results on Thursday, May 4, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Peloton Interactive missed estimated earnings by 71.74%, reporting an EPS of $-0.79 versus an estimate of $-0.46.
Revenue was down $215.40 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.34 which was followed by a 3.79% increase in the share price the next day.
Here’s a look at Peloton Interactive’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.64 | -0.65 | -0.72 | -0.83 |
| EPS Actual | -0.98 | -1.20 | -1.32 | -1.15 |
| Revenue Estimate | 710.45M | 650.08M | 722.19M | 972.88M |
| Revenue Actual | 792.70M | 616.50M | 678.70M | 964.30M |
To track all earnings releases for Peloton Interactive visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
