Peloton: Analysts Expect $1.11 Billion In Revenue For Q3

Peloton Interactive (NASDAQ: PTON) will be reporting its fiscal third quarter financial results today after market close. Analysts have a consensus $158.67 12-month price target on the company, via a total of 28 analysts, with 10 analysts having strong buy ratings. 14 analysts meanwhile have buy ratings, two analysts have hold ratings and another two have sell ratings. The street high is a $200 price target, and the lowest target sits at $45.

25 analysts have revenue estimates for the third quarter. The mean revenue estimate between all 25 analysts is $1.11 billion; this number has been revised upwards from $1.093 billion at the start of the year. The highest revenue estimate is $1.15 billion, while the lowest is $1.09 billion.

The analyst consensus for net income for the third quarter is -$35.85 million, this is down from the start of the year which was $14.39 million. The highest net income estimate is -$6.2 million, while the lowest is $65.9 million.

Onto EBITDA estimates, there are currently 20 analysts who have third-quarter EBITDA estimates. The mean is currently $18.93 million, with this number having been revised down from $65.29 million at the start of the year. The street high estimate currently sits at $36.2 million in EBITDA and the lowest is $9.26 million.

Analysts estimate that quarterly earnings per share will come in at -$0.02, with this number being revised down from $0.04 at the start of the year. Street high is -$0.02 and the lowest estimate is -$0.19 per share for the quarter.

Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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