Wayfair Announces First Quarter 2024 Results, Reports Fourth Consecutive Quarter of Strong Profitability

William Blair Comments on Wayfair (W)

William Blair analyst Phillip Blee reiterated an Outperform rating on Wayfair (NYSE: W).

The analyst comments "During the quarter management emphasized that its taking a measured approach to investing in growth, particularly given the uncertainty around an inflection in the broader market, highlighting three key... More

Wayfair (W) PT Raised to $67 at Goldman Sachs

Goldman Sachs analyst Alexandra Steiger raised the price target on Wayfair (NYSE: W) to $67.00 (from $65.00) while maintaining a Neutral rating.

The analyst comments "In its Q124 earnings report, Wayfair produced a solid revenue beat driven by improving demand starting in late February/March with Adj EBITDA... More

Wayfair (W) PT Raised to $83 at Deutsche Bank

Deutsche Bank analyst Lee Horowitz raised the price target on Wayfair (NYSE: W) to $83.00 (from $79.00) while maintaining a Buy rating.

The analyst comments "With Wayfair's most recent cost actions playing through the P&L, consistent confidence in the company's ability to deliver mid-to-high-teens... More

Wayfair (W) stock pops as Q1 profitability, revenue surpass analyst estimates

(Updated - May 2, 2024 9:46 AM EDT)

Wayfair (NYSE: W) saw its shares jump more than 14% Thursday after the e-commerce company reported earnings per share (EPS) and revenue that surpassed analyst estimates in the fiscal Q1 2024.

The company posted Q1 loss per share of $0.32, slightly outperforming analyst predictions of a loss per share... More

Wayfair (W) Tops Q1 EPS by 1c

Wayfair (NYSE: W) reported Q1 EPS of ($0.32), $0.01 better than the analyst estimate of ($0.33). Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.64 billion.

For earnings history and earnings-related data on Wayfair (W) click here.