Categories AlphaGraphs, Consumer, Earnings

Peloton disappoints in Q1, stock tanks

Peloton Interactive (NASDAQ: PTON) reported first-quarter 2022 financial results after the regular market hours on Thursday. The Exercise equipment company reported Q1 revenue of $805.2 million, up 6% year-over-year, but lower than the Wall Street projection. Net loss of $1.25 per share was also wider than the target that analysts had anticipated.

PTON shares plunged 4% immediately following the announcement. The stock has fallen 40% since the beginning of this year.

Peloton Interactive Earnings Q1 2022

Looking forward to listening to management / analyst comments on the results? Stay tuned here for Peloton Q1 earnings call transcript

Prior performance

  • Peloton reports Q4 2021 earnings results
  • Peloton Q3 2021 earnings
  • Peloton Interactive (PTON) Q4 2020 Earnings Infograph

Most Popular

Shopify (SHOP): This recession-proof stock looks unstoppable. Here’s why

The virus-related movement restrictions have had a complementary effect on the business of Shopify Inc. (NYSE: SHOP), which was already thriving on the widespread cloud adoption and digital shift. The

IPO: Here are the things to know about Fresh Grapes’ market debut

There has been a spurt in the number of food and beverages companies going public lately, but many of them failed to perform as expected in the stock market. Fresh

Hormel Foods (HRL) fine-tunes biz strategy to beat challenges. Is the stock a buy?

For consumer staples companies, rising inflation is probably turning into a bigger challenge than the virus-induced supply chain disruption and store closures. After bettering its position since the early months

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top