Wayfair Earnings Report Scheduled Amid Retail Challenges
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 06 2024
0mins
Should l Buy W?
Source: NASDAQ.COM
Wayfair Inc. saw its stock rise by 5.16% as it crossed above the 5-day SMA, reflecting a positive movement in a challenging retail environment.
The company is scheduled to report its earnings on Thursday, which is highly anticipated by investors amid concerns about operational efficiency and brand power in the current retail landscape. Analysts are closely monitoring the upcoming report for insights into Wayfair's performance and strategies to navigate market volatility.
The implications of this earnings report could be significant for Wayfair, as it will provide a clearer picture of the company's ability to adapt to the evolving retail challenges and consumer preferences.
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Analyst Views on W
Wall Street analysts forecast W stock price to rise
26 Analyst Rating
18 Buy
8 Hold
0 Sell
Moderate Buy
Current: 85.230
Low
75.00
Averages
118.16
High
150.00
Current: 85.230
Low
75.00
Averages
118.16
High
150.00
About W
Wayfair Inc., through its e-commerce platform, offers a selection of furniture, decor, housewares and home improvement products. The Company’s customers span a range of demographics, with annual household incomes ranging from $25,000 to over $250,000, and also include business professionals, from small startups to global enterprises. Its family of brands includes Wayfair, AllModern, Birch Lane, Joss & Main, Perigold and Wayfair Professional. It also features certain products under its house brands, such as Three Posts and Mercury Row. The Company operates through two segments: U.S. and International. The U.S. segment primarily consists of amounts earned through product sales through Wayfair's family of sites in the U.S. The International segment primarily consists of amounts earned through product sales through the Company’s international sites. It operates as Wayfair.ca in Canada, Wayfair.co.uk in the United Kingdom and Wayfair.ie in Ireland.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Historical Performance Review: Over the past two years, Wayfair has beaten EPS estimates 75% of the time and revenue estimates 50% of the time, demonstrating a degree of stability in its profitability metrics.
- Expectation Revision Dynamics: In the last three months, EPS estimates have seen six upward revisions and four downward revisions, while revenue estimates have experienced four upward and two downward revisions, reflecting analyst divergence and market uncertainty regarding the company's future performance.
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- Earnings Announcement: Wayfair (W) is set to announce its Q4 earnings on February 19 before the market opens, with consensus EPS estimate at $0.69 and revenue estimate at $3.3 billion, indicating significant market interest in its financial performance.
- Historical Performance Review: Over the past two years, Wayfair has beaten EPS estimates 75% of the time and revenue estimates 50% of the time, demonstrating a degree of stability in its profitability metrics.
- Expectation Revision Dynamics: In the last three months, EPS estimates have seen six upward revisions and four downward revisions, while revenue estimates have experienced four upward and two downward revisions, reflecting analyst divergence and market uncertainty regarding the company's future performance.
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- Earnings Reports: Walmart and Wayfair are scheduled to report their earnings on Thursday.
- Retail Challenges: The current retail environment highlights the importance of brand power and operational efficiency as key strategies to navigate volatility.
See More
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