Wayfair Announces Third 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
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Wayfair (W) PT Raised to $117 at Credit Suisse
November 2, 2018 8:31 AM EDTCredit Suisse analyst Stephen Ju raised the price target on Wayfair (NYSE: W) to $117.00 (from $101.00) while maintaining a Neutral rating.
... MoreWayfair (W) Misses Q3 EPS by 19c, Revenues Beat
November 1, 2018 7:01 AM EDTWayfair (NYSE: W) reported Q3 EPS of ($1.28), $0.19 worse than the analyst estimate of ($1.09). Revenue for the quarter came in at $1.71 billion versus the consensus estimate of $1.67 billion.
Third Quarter 2018 Financial Highlights
Direct Retail net revenue, consisting of sales generated primarily through Wayfairs sites, increased $511.2 million to $1.7 billion, up 43.3% year over yearGross profit was $392.8 million or 23.0% of total net revenueGAAP net loss was $151.7 millionAdjusted EBITDA was $(76.4) million or (4.5)% of total net revenueGAAP basic and diluted net loss per share was $1.69Non-GAAP diluted net loss per... More