JUMP REPORT
PELETON (PTON)
EARNINGS RELEASE - SEPTEMBER 10 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .10/share REV: 582.5/M
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NEXT QTR: EPS: -.O4/share REV: 505.2/M
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FULL YR: EPS: -.64/share REV: 1,800/M
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LAST QTR: EPS: -.18/share ACTUAL: -.20/share (MISS)
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BEAT/MISS RECORD: 62% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 20.16, -11.86, -9.58
EXPECTED JUMP MOVE THIS QUARTER: 15+%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at consumer electronics stocks, starting with Peloton (NASDAQ:PTON).
It requires careful consideration of what stocks you choose to buy. Shopify (NYSE: SHOP) has positioned itself as the operating system of e-commerce. The stock has delivered phenomenal returns since its initial public offering in 2015, but the company continues to post high rates of revenue growth that point to many years of excellent returns.
Here is how BJ’s Wholesale Club (BJ) and Peloton (PTON) have performed compared to their sector so far this year.
Peloton Interactive on Friday won the dismissal of a proposed shareholder class action lawsuit accusing the fitness equipment maker of concealing safety-related problems that led to a May 2023 recall of 2.2 million bikes following reports of defective seat posts. U.S. District Judge Margo Brodie in Brooklyn, New York, found no proof that Peloton intended to mislead investors by initially projecting that the recall would cost $8.4 million, before setting aside an additional $40 million three months later. She also said Peloton’s risk disclosures were not materially misleading, in part because they explicitly warned that recalls were possible.
Peloton (PTON) shares gain after Argus analysts upgrade the stock to Buy from Hold and maintained its price target at $15. Julie Hyman and Josh Lipton outline what investors need to know about the analyst call. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.
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Avg Daily Volume: 8,128,629 Market Cap: 19.46B Sector: None Short Interest: 19.28 |
Ticker delayed 20 minutes
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