Peloton beats by $0.08, beats on revs; guides Q2 revs above consensus; guides FY21 revs above consensus
- Reports Q1 (Sep) earnings of $0.20 per share, $0.08 better than the S&P Capital IQ Consensus of $0.12; revenues rose 232.4% year/year to $757.9 mln vs the $733.74 mln S&P Capital IQ Consensus.
- Co issues upside guidance for Q2, sees Q2 revs of $1.0 bln vs. $928.62 mln S&P Capital IQ Consensus.
- Co issues upside guidance for FY21, sees FY21 revs of $3.9 bln vs. $3.59 bln S&P Capital IQ Consensus.