Peloton set to report earnings ahead of Thursday's open
source link: https://finance.yahoo.com/video/peloton-set-report-earnings-ahead-210342311.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Peloton set to report earnings ahead of Thursday's open
Peloton set to report earnings ahead of Thursday's open
Yahoo Finance's Rachelle Akuffo breaks down what to expect ahead of Peloton earnings.
Peloton set to report earnings ahead of Thursday's open
Yahoo Finance's Rachelle Akuffo breaks down what to expect ahead of Peloton earnings.
Video Transcript
RACHELLE AKUFFO: Well, looking ahead, my stock to watch for tomorrow is Peloton. Now investors are waiting for an update on the company's turnaround plan and whether it's seeing progress. It's reporting fiscal first quarter earnings ahead of the open. Analysts keeping an eye out for subscriber growth, and of course, that full year guidance.
And the report comes just weeks after the company announced another round of layoffs, affecting 500 people. At the time, CEO Barry McCarthy said the move was necessary to save the company. The stock is down 75% so far this year.
Motley FoolWhy Peloton Stock Wilted on Wednesday
Hardly for the first time this year, the provider of connected fitness equipment saw its share price take a hit from an analyst's price target cut. Unfortunately for Peloton and its stockholders, Wednesday's price target slicer was the influential Bank of America. The bank's Justin Post reduced his estimate on Peloton's value to $16 per share, from the previous $19.
7h ago
Yahoo Finance VideoStocks moving in after hours: Roku, Qualcomm, Etsy, Booking, Robinhood
Yahoo Finance Live's Seana Smith checks out several trending stocks in the after-hours trading session.
8h ago
BenzingaSorrento Has Potential To Deliver Multiple Best-In-Class Products
Cantor Fitzgerald initiated coverage on Sorrento Therapeutics Inc (NASDAQ: SRNE) with an Overweight rating and a price target of $5. The analyst says Sorrento has the potential to deliver multiple best-in-class products in high-value areas of oncology, pain, and infectious disease, highlighting three value drivers: Scilex's potential in non-opioid pain. Its pain portfolio currently has marketed and pipeline programs, which could unlock further meaningful value. Abivertinib's potential in non-sma
10h ago
Yahoo FinanceMastercard CEO: Crypto has ‘a long way to go’ before becoming mainstream
Mastercard CEO weighs in on the outlook for crypto.
11h ago
Motley FoolWhy Devon Energy Stock Dropped Today
Shares of Devon Energy (NYSE: DVN) fell more than 12% on Wednesday after the exploration and production leader increased its capital expenditures forecast. Devon produced an average of 614,000 barrels of oil equivalent (BOE) per day in the third quarter. The energy company's low production costs, which averaged $12.99 per BOE during the quarter, allow it to earn massive profits when oil and gas prices are high.
8h ago
MarketWatchDow ends 500 points lower, Nasdaq falls 3.4% after Fed raises rates, Powell signals terminal interest rate will be higher than expected
U.S. stock indexes finished lower on Wednesday after the Fed raised its benchmark interest rate and hinted at a potential slowdown in its effort to tighten monetary policy, but Powell said that the terminal interest rate may be higher than previously expected.
8h ago
Motley FoolWhy Salesforce, Snowflake, and CrowdStrike All Cratered on Wednesday
A broad cross section of the stock market tumbled on Wednesday, as investors focused on the macro economy and the Federal Reserve Bank's ongoing campaign to battle runaway inflation, which has remained stubbornly near 40-year highs. The latest Fed rate hike and the corresponding commentary did little to calm jittery investors. With that as a backdrop, shares of Salesforce (NYSE: CRM) slipped 6.1%, Snowflake (NYSE: SNOW) stock was down 7.4%, and CrowdStrike (NASDAQ: CRWD) slipped as much as 7.8%.
7h ago
ZacksLuminar Technologies, Inc. (LAZR) Reports Q3 Loss, Tops Revenue Estimates
Luminar Technologies, Inc. (LAZR) delivered earnings and revenue surprises of 14.29% and 39.73%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
8h ago
ZacksAlbemarle (ALB) Tops Q3 Earnings Estimates
Albemarle (ALB) delivered earnings and revenue surprises of 9.65% and 1.23%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
7h ago
ZacksFortinet (FTNT) Surpasses Q3 Earnings and Revenue Estimates
Fortinet (FTNT) delivered earnings and revenue surprises of 22.22% and 2.37%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
8h ago
Motley FoolWhy Upstart, SoFi, and Lemonade Plunged Today
Shares of newly public fintech companies Upstart Holdings (NASDAQ: UPST), SoFi Technology (NASDAQ: SOFI), and Lemonade (NYSE: LMND) were plunging today, down 5.2%, 9.3%, and 3.1%, respectively, as of 1:25 p.m. ET. It wasn't a good first half of the trading day for growth stocks in general, as investors may be worried about the Federal Reserve meeting today, in which the Fed is widely expected to raise interest rates by 75 basis points and give commentary on the rate hike outlook into next year. The decline even took hold of SoFi, which handily beat revenue and earnings estimates just yesterday, as the stock gave back all of its post-earnings gains, and then some.
11h ago
ZacksTandem Diabetes Care, Inc. (TNDM) Reports Q3 Loss, Misses Revenue Estimates
Tandem Diabetes Care, Inc. (TNDM) delivered earnings and revenue surprises of -800% and 0.65%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
7h ago
Yahoo Finance VideoAirbnb earnings: Why the stock is down despite a profitable quarter
Yahoo Finance Live anchors discuss quarterly earnings for Airbnb.
16h ago
Yahoo Finance VideoNasdaq, S&P 500 sectors dragged down by the Fed rate hike news ahead of the close
Yahoo Finance's Jared Blikre breaks down how stocks are trading into the close as the Nasdaq and other major indices extend losses.
9h ago
Insider MonkeyHarvard University Stock Portfolio: Top 10 Picks
In this article, we discuss the top 10 picks of the Harvard University stock portfolio. If you want to see more stocks in this selection, check out Harvard University Stock Portfolio: Top 5 Picks. Harvard Management Company was established in 1974 and manages Harvard University’s endowment and financial assets. Over the years, the market-beating performance […]
16h ago
ZacksCallon Petroleum (CPE) Q3 Earnings and Revenues Surpass Estimates
Callon (CPE) delivered earnings and revenue surprises of 1% and 19.47%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
6h ago
ZacksEarthstone Energy (ESTE) Lags Q3 Earnings Estimates
Earthstone Energy (ESTE) delivered earnings and revenue surprises of -13.33% and 35.30%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
5h ago
BloombergEx-Fed Chief Greenspan Sees Dollar With ‘Tailwind’ Into 2023
(Bloomberg) -- Former Federal Reserve Chair Alan Greenspan sees a monetary “tailwind” for the dollar in the coming year even in the event that US monetary policymakers slow or halt their current interest-rate hiking campaign.Most Read from BloombergPowell Sees Higher Peak for Rates, Path to Slow Tempo of HikesMusk Plans to Eliminate Half of Twitter Jobs to Cut CostsLottery Winner Keeps $30 Million Jackpot Secret From Wife and ChildHow a Mysterious China Screenshot Spurred $450 Billion RallyRussi
12h ago
ZacksMarathon Oil (MRO) Tops Q3 Earnings and Revenue Estimates
Marathon Oil (MRO) delivered earnings and revenue surprises of 4.20% and 8.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
7h ago
Motley Fool3 High-Octane Growth Stocks With 357% to 571% Upside, According to Wall Street
Since the three major U.S. indexes achieved their all-time highs between the midpoint of November 2021 and the first week of January, each has fallen into a bear market, with peak declines ranging from 22% to 38%. Of course, optimism can vary quite significantly on Wall Street. What follows are three high-octane growth stocks that select analysts and pundits believe offer upside ranging from 357% to as much as 571%!
20h ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK