Wix.com Q2 2024 Adj. EPS $1.67 Beats $1.35 Estimate, Sales $435.746M Beat $433.772M Estimate
Portfolio Pulse from Benzinga Newsdesk
Wix.com (NASDAQ:WIX) reported Q2 2024 earnings of $1.67 per share, beating the analyst estimate of $1.35 by 23.7%. Sales were $435.746 million, surpassing the $433.772 million estimate. This represents a 32.54% increase in EPS and an 11.74% increase in sales year-over-year.
August 07, 2024 | 5:04 am
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Wix.com reported strong Q2 2024 earnings, with EPS of $1.67 beating estimates by 23.7% and sales of $435.746 million surpassing expectations. This indicates robust financial performance and growth.
Wix.com’s strong earnings and sales performance, significantly beating analyst estimates, is likely to positively impact its stock price in the short term. The substantial year-over-year growth in both EPS and sales further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100