Wayfair Announces Second Quarter 2018 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Piper Jaffray Remains Bullish on Wayfair (W) Following Strong 2Q
August 3, 2018 7:18 AM EDTPiper Jaffray reiterated an Overweight rating and $150.00 price target on Wayfair (NYSE: W) following the company's 2Q earnings report. Direct Revenue growth of +49% was solidly above consensus of 42-43%. EBITDA of -$34.8M and margin of -2.1% was effectively in-line with consensus on both a... More
Wayfair (W) PT Raised to $135 at Stephens Following 2Q
August 3, 2018 7:10 AM EDTStephens raised its price target on Wayfair (NYSE: W) to $135.00 (from $84.00) while maintaining a Overweight rating following the company's 2Q earnings report. Direct Retail Revenue increased +48.6%, exceeding the guidance range of +40%-43%, consensus of +42.6%, and represented an acceleration from the 1Q pace of +47.7%.
W reduced... More
Wayfair (W) Misses Q2 EPS by 4c, Revenues Slightly Beat
August 2, 2018 7:06 AM EDTWayfair (NYSE: W) reported Q2 EPS of ($0.77), $0.04 worse than the analyst estimate of ($0.73). Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.6 billion.
Second Quarter 2018 Financial Highlights
Direct Retail net revenue, consisting of sales generated primarily through Wayfairs sites, increased $538.5 million to $1.6 billion, up 48.8% year over yearGross profit was $385.0 million or 23.3% of... More