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Benzinga

Recap: Peloton Interactive Q3 Earnings

 

Peloton Interactive (NASDAQ:PTON) reported its Q3 earnings results on Tuesday, May 10, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Peloton Interactive missed estimated earnings by 38.55%, reporting an EPS of $-1.15 versus an estimate of $-0.83.

Revenue was down $297.70 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.19 which was followed by a 4.02% increase in the share price the next day.

Here's a look at Peloton Interactive's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -1.20 -1.07 -0.44 -0.12
EPS Actual -1.39 -1.25 -1.05 -0.03
Revenue Estimate 1.15B 810.76M 921.66M 1.11B
Revenue Actual 1.13B 805.20M 936.90M 1.26B

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.