Pandora Media Inc (P) Q2 Earnings Beat Estimates

Pandora Media Inc (NYSE:P) released its earnings report for the three months though June this afternoon after Wall Street shut down for the day. The company showed earnings per share of $0.04 for the three months. Revenue in the period came to $162 million. On today's market stock in Pandora Media Inc (NYSE:P) trended upward, finishing the day at $21.72 per share.

In the run up to the release of these numbers analysts studying the music streaming service were looking for earnings per share of 2 cents. Revenue for the quarter was expected to come in at $156 million by consensus. In the same period of...