Wayfair Q4 2023 Adj EPS $(0.11) Beats $(0.16) Estimate, Sales $3.10B Miss $3.11B Estimate
Portfolio Pulse from Benzinga Newsdesk
Wayfair reported Q4 2023 adjusted EPS of $(0.11), surpassing the $(0.16) estimate, but its sales of $3.10B fell short of the $3.11B estimate, marking a slight 0.03% decrease from the same period last year.
February 22, 2024 | 12:01 pm
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NEUTRAL IMPACT
Wayfair's Q4 2023 earnings beat EPS estimates but missed on sales, showing a minor year-over-year decline.
While Wayfair's EPS beat may positively impact investor sentiment, the slight miss on sales and the year-over-year decrease could temper any significant stock price movement. The mixed results present a neutral outlook in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100