Wayfair Q3 Adj. EPS $(0.13) vs $(0.48) Est., Total Net Revenue $2.944B vs $2.983B Est.
Portfolio Pulse from Benzinga Newsdesk
Wayfair reported its Q3 earnings with an adjusted EPS of $(0.13), beating the estimated $(0.48). However, the total net revenue of $2.944B fell short of the estimated $2.983B.
November 01, 2023 | 11:04 am
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Wayfair's Q3 earnings beat EPS estimates but missed on total net revenue. This mixed result could lead to uncertain market reactions.
Wayfair's Q3 earnings report shows a better-than-expected EPS, indicating improved profitability. However, the lower-than-expected revenue might raise concerns about sales growth. The mixed results could lead to an uncertain short-term impact on the stock.
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