Wayfair Earnings Preview
Portfolio Pulse from Benzinga Insights
Wayfair (NYSE:W) is set to release its quarterly earnings report on August 3, 2023. Analysts estimate an earnings per share (EPS) of $-0.67. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. Wayfair's shares were trading at $75.9 as of August 1, with a 16.08% increase over the last 52-week period.
August 04, 2023 | 11:55 am
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Wayfair is expected to report an EPS of $-0.67. The company's history of beating EPS estimates could potentially lead to a share price increase. The stock has seen a 16.08% increase over the last 52 weeks.
Wayfair has a history of beating EPS estimates, which often leads to an increase in share price. Given the positive trend in the stock's performance over the last 52 weeks, it's likely that the upcoming earnings report could have a positive impact on the stock price, especially if the company beats the EPS estimate again.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100