Peloton (PTON) Reports Q2 Loss, Tops Revenue Estimates

Peloton (PTON) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.55. This compares to loss of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.82%. A quarter ago, it was expected that this exercise bike and treadmill company would post a loss of $0.36 per share when it actually produced a loss of $0.44, delivering a surprise of -22.22%.Over the last four quarters, the ...