Wayfair Announces First Quarter 2022 Results

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Go back to Wayfair Announces First Quarter 2022 Results

Wayfair (W) PT Lowered to $100 at Needham & Company

May 5, 2022 11:50 AM EDT

Needham & Company analyst Anna Andreeva lowered the price target on Wayfair (NYSE: W) to $100.00 (from $150.00) while maintaining a Buy rating following earnings.

The analyst commented, "W is yet another ecomm company that saw a relatively ok 1Q22 (US business held it's run-rate from... More

Wayfair (W) Misses Q1 EPS by 43c, Revenues In-Line

May 5, 2022 7:04 AM EDT

Wayfair (NYSE: W) reported Q1 EPS of ($1.96), $0.43 worse than the analyst estimate of ($1.53). Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.99 billion.

While multiple macro cross-currents are filtering through the global economy, consumer health remains relatively strong. Shoppers... More