Peloton Interactive: Q3 Earnings Insights

Peloton Interactive 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.

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