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.
