Groupon (GRPN) Tops Q1 Earnings and Revenue Estimates

Groupon (GRPN) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of a loss of $0.20 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 190%. A quarter ago, it was expected that this online daily deal service would post a loss of $0.06 per share when it actually produced a loss of $1.20, delivering a surprise of -1,900%.Over the last four quarter ...