Peloton Interactive, Inc. is set to announce its latest quarterly earnings on Wednesday, May 6th. Analysts estimate an earnings per share (EPS) of $0.06 for this period.
In the current trading session, Peloton's stock price stands at $5.26, showing a decrease of 5 cents (-0.942%) from the previous close of $5.31. The trading volume is at $2 million, representing a 13.94% deviation from the average volume.
The previous quarterly earnings report, released on Wednesday, February 4th, revealed an EPS of -0.07. The company reported a net loss of $38.7 million for the period.
Peloton generated a free cash flow of $71 million, with operating cash flow at $71.9 million. The net change in cash for the period was $76 million, resulting in a closing cash balance of $1.18 billion.
The company recorded revenues of $656.5 million, with a gross profit of $331.4 million. Operating income stood at $11.3 million, while the net income reported was -$38.7 million, translating to an EPS of -9.21 cents.
Key financial ratios indicate a quick ratio of 1.71, gross profit margin of 50.48%, and a return on equity of 11.85% for Peloton Interactive, Inc.
Peloton's total assets amount to $2.16 billion, with total liabilities at $2.49 billion. The company holds a net debt of $1.15 billion.
This comprehensive financial report provides insights into Peloton Interactive, Inc.'s current market performance and upcoming earnings expectations.
Peloton Interactive, Inc. provides interactive fitness products in North America and internationally. It offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, and Peloton Tread+ names. The company also provides connected fitness subscriptions for various household users, and access to various live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes. As of June 30, 2021, it had approximately 5.9 million members. The company markets and sells its interactive fitness products directly through its retail showrooms and at onepeloton.com. Peloton Interactive, Inc. was founded in 2012 and is headquartered in New York, New York.