Wayfair (W) Tops Q3 EPS by $1.50

Wayfair (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 year
• U.S. net revenue increased $1.3 billion, up 66.5% year over year
• International net revenue increased $225.9 million, up 66.7% year over year. International segment Net Revenue Constant Currency Growth was 63.9%
• Gross profit was $1.1 billion or 29.9% of total net revenue
• Net income was $173.2 million
• Non-GAAP Adjusted EBITDA and Adjusted EBITDA Margin were $371.1 million and 9.7%, respectively, of total net revenue
• Diluted earnings per share was $1.67
• Non-GAAP Diluted Earnings per Share was $2.30
• Non-GAAP Free Cash Flow was $255.0 million
• Cash, cash equivalents, and short- and long-term investments totaled $2.6 billion

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

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