Peloton (PTON) Stock Up on Q4 Earnings and Revenue Beat
PTONPeloton(PTON) ZACKS·2024-08-22 23:25

Peloton Interactive, Inc. (PTON) reported fourth-quarter fiscal 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Following the results, the company’s shares increased 12% in the pre-market trading session on Aug 22.Earnings and RevenuesPTON reported an adjusted loss per share of 8 cents, narrower than the Zacks Consensus Estimate of a loss of 18 cents. In the prior-year quarter, the company had reported an adjusted loss of 68 cents per share. Revenues for the quarter ...