Peloton Interactive, Inc. (NASDAQ:PTON) - Peloton Analysts Bullish After Earnings Beat: 'Recalls Not As Bad As Feared'
Share: Peloton Interactive Inc (NASDAQ: PTON) shares rebounded by 2.6% on Friday after the company reported impressive fiscal third-quarter sales growth and assured investors it’s working quickly to resolve safety issues with its treadmills. For the fiscal third quarter, Peloton reported a 3-cent EPS loss, beating the 12-cent loss analysts had expected. Peloton also reported $1.26 billion in revenue, ahead of the $1.1 billion consensus analyst estimate. Revenue was up 141% from a year ago. Peloton reported $1.02 billion in connected fitness revenue, up 140%. The company also reported $239.4...
Source: benzinga.com