W Earnings Prediction
The chart below shows how W performed 10 days before and after its earnings report, based on data from the past quarters. Typically, W sees a +4.54% change in stock price 10 days leading up to the earnings, and a +0.70% change 10 days following the report. On the earnings day itself, the stock moves by +2.83%. This data can give you a slight idea of what to expect for the next quarter's release.
W Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.88B
-2.04%
-7.48%
Gross Margin
30.27%
-2.83%
0.26%
Operating Margin
-2.53%
-50.97%
132.11%
Net Margin
-2.57%
-53.61%
90.37%
EPS
-0.60
-57.45%
76.47%
No Data Available
W Earnings Analysis
Wayfair Inc. Corporation (W.N) Earnings Conference Call
Positive
Market Share Resilience: Q3 marked another proof-point of resilience for Wayfair with further market share capture in the face of sustained challenges in the category.
Cost Discipline and EBITDA Growth: We navigated a dynamic consumer environment, while driving further discipline on costs to achieve a mid-single digit adjusted EBITDA margin for the second quarter in a row, totaling almost $100 million year-over-year in Q3.
Choppy Macro Trends: The third quarter exhibited a continuation of choppy macro trends we've seen across 2024.
Significant Year-over-Year Improvements: We are pleased to be making noteworthy improvements across each one of these, totaling almost $100 million year-over-year in Q3.
Cash and Liquidity Position: We ended the quarter with $1.3 billion of cash and equivalents and $1.9 billion of total liquidity when factoring in our undrawn revolving credit facility.
Negative
Revenue Decline Analysis: Net revenue was down 2% year-over-year in Q3 or down about 7.5% on a sequential basis, closely in line with the sequential pattern we saw in 2023.
Order Decline and AOV Increase: This is driven by orders down 6.1% versus the year ago period, modestly offset by AOV, which was up 4.4% year-on-year and down 1% sequentially, again, in line with what we would typically expect to see in the seasonal cadence moving from the second to the third quarter of the year.
Choppy Macro Trends: The third quarter exhibited a continuation of choppy macro trends we've seen across 2024.
Consumer Spending Caution: Consumers remain trepidatious in their spending patterns and are demonstrating more price elasticity than we saw in the early months of the year.
Cash and Liquidity Position: We ended the quarter with $1.3 billion of cash and equivalents and $1.9 billion of total liquidity when factoring in our undrawn revolving credit facility.
W FAQs
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W Earning Call Sentiment
Wayfair Inc. (W) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
W.N
-0.27%Positive
The earnings call summary reveals mixed signals: a decline in revenue but improved operating efficiency and market share gains. The Q&A section highlights uncertainties around election impacts and vague guidance for 2025, which dampen optimism. The loyalty program and cost control efforts are positives, but the lack of concrete guidance and macroeconomic uncertainties balance out the sentiment. Without a market cap, the stock's reaction is uncertain, leading to a neutral prediction.
