Meanwhile, analysts polled by LSEG, formerly known as Refinitiv, forecast earnings of 81 cents per share and $4.34 billion in revenue.
Peloton — Shares fell more than 23% on the back of the company's bleak outlook for the current quarter and full-year sales.
Peloton is forecasting sales to come in between $700 million and $725 million for the quarter.
Analysts polled by LSEG expected revenue of $9.70 billion.
Adjusted earnings per share came in at $2.10 versus the $1.66 expected from analysts polled by StreetAccount.
Persons:
Robinson, Nextracker, Wolfspeed, MaxLinear, Qorvo, TD Cowen, Gabe Daoud Jr, — CNBC's Pia Singh, Lisa Kailai Han, Jesse Pound, Hakyung Kim, Spencer Kimball, Scott Schnipper
Organizations:
LSEG, —, Honeywell, New York Community Bank, Regional Banking, Western Alliance, T Bank, Norfolk Southern, Ancora Holdings, Street Journal, Merck —, Merck, FactSet, StreetAccount, Revenue, Qualcomm, Citi