Wayfair Q3 2024 Adj. EPS $0.22 Beats $0.13 Estimate, Sales $2.900B Beat $2.876B Estimate
Portfolio Pulse from Benzinga Newsdesk
Wayfair reported Q3 2024 earnings of $0.22 per share, surpassing the analyst estimate of $0.13. Sales reached $2.900 billion, slightly above the $2.876 billion estimate, despite a 1.49% decrease from last year's $2.944 billion.
November 01, 2024 | 11:00 am
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Wayfair's Q3 2024 earnings exceeded expectations with an EPS of $0.22, beating the $0.13 estimate. Sales were $2.900 billion, slightly above the $2.876 billion estimate, despite a year-over-year sales decline.
Wayfair's better-than-expected EPS and sales figures are likely to positively impact its stock price in the short term. The earnings beat by 69.23% and sales beat by 0.84% indicate strong performance, despite a slight year-over-year sales decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100