Groupon (GRPN) Reports Q2 Loss, Tops Revenue Estimates

Groupon (GRPN) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this online daily deal service would post a loss of $0.18 per share when it actually produced earnings of $0.06, delivering a surprise of 133.33%.Over the last four quarters, the company ...