Peloton Interactive is scheduled to report fiscal-first-quarter earnings before the market opens Thursday, and analysts are expecting to see a revenue decline.
Analysts also expect the company to report a total of 2.99 million connected-fitness subscribers, an increase from 2.96 million a year ago, but down from 3.08 million in the fourth quarter. “In our view, shares do not reflect risk to revenue from increased churn due to declining platform engagement and subscriber base that is increasingly at risk as Covid cohorts reach the average subscriber lifetime,” Nagle said. He downgraded Peloton stock to Underperform from Neutral, and cut his price target to $4.15 from $6.50.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stock futures are little changed as attention turns from Fed to latest earnings reports: Live updatesThe Federal Reserve kept rates at the conclusion of its meeting Wednesday, fueling a rally for stocks to start November.
Fuente: NBCDFW - 🏆 288. / 63 Leer más »
Stock futures are little changed as attention turns from Fed to latest earnings reports: Live updatesThe Federal Reserve kept rates at the conclusion of its meeting Wednesday, fueling a rally for stocks to start November.
Fuente: CNBC - 🏆 12. / 72 Leer más »
AMD Reports Earnings Today. What to Expect.The consensus is that Advanced Micro Devices will report quarterly revenue of $5.7 billion with adjusted earnings per share of 68 cents.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
SiriusXM Reports Third-Quarter Earnings, Subscribers, AdvertisingThe audio entertainment giant, the home of Howard Stern, is 'very excited' to unveil SiriusXM's next-generation platform in early November, said CEO Jennifer Witz.
Fuente: THR - 🏆 411. / 53 Leer más »
Fed decision, Mondelez reports, Airbnb earnings: 3 things to watchFed decision, Mondelez reports, Airbnb earnings: 3 things to watch
Fuente: Investingcom - 🏆 450. / 53 Leer más »
Anheuser-Busch reports higher-than-expected earnings in Q3Anheuser-Busch saw better performance in Q3 of 2023 despite still struggling in the U.S. after controversy surrounding Bud Light’s brief partne...
Fuente: AllSidesNow - 🏆 572. / 51 Leer más »