Peloton (PTON) Reports Q3 Loss, Tops Revenue Estimates

Peloton (PTON) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of$ 0.06. This compares to loss of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this exercise bike and treadmill company would post a loss of$ 0.19 per share when it actually produced a loss of $0.24, delivering a surprise of -26.32%.Over the last four quarters, the ...