Wayfair (W) Added to Best Idea Short List at Hedgeye
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Wayfair (W) Treads Water Despite Blow-Out Q3 Results
November 3, 2020 9:41 AM ESTWayfair (NYSE: W) reported better-than-expected earnings to blow past Streets expectations for the third quarter. However, despite the strong results shares are trading flat in the early going Tuesday.
The online retailer posted adjusted earnings of $2.30 per share to smash $0.80 estimates from analysts. Revenue rose 66.5% on a y-o-y basis... More
Wayfair (W) Tops Q3 EPS by $1.50
November 3, 2020 7:01 AM ESTWayfair (NYSE: W) reported Q3 EPS of $2.30, $1.50 better than the analyst estimate of $0.80. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.65 billion.
Total net revenue increased $1.5 billion to $3.8 billion, up 66.5% year over yearU.S. net revenue increased $1.3 billion, up... More