Peloton Stock Rallies After Q1 Earnings: Here's Why
Peloton Interactive, Inc. (NASDAQ:PTON) shares climbed after the company released its first-quarter earnings report after Thursday's closing bell, beating analyst estimates on the top and bottom lines. Here's a look at the details in the report. PTON stock is moving. See the real-time price action here.The Details: Peloton Interactive reported quarterly earnings of three cents per share, which beat the consensus estimate of one cent.Quarterly revenue came in at $550.8 million, which beat the Street estimat ...