Wayfair Announces Third Quarter 2022 Results

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Wayfair (W) PT Lowered to $40 at Jefferies

November 4, 2022 8:36 AM EDT

Jefferies analyst Jonathan Matuszewski lowered the price target on Wayfair (NYSE: W) to $40.00 (from $64.00) while maintaining a Hold rating.

The analyst commented, "Consumer fatigue toward the home furnishings category at mass price points is leading management to find incremental sources of expense efficiencies. Between... More

Wayfair (W) Misses Q3 EPS by 6c

November 3, 2022 7:02 AM EDT

Wayfair (NYSE: W) reported Q3 EPS of ($2.11), $0.06 worse than the analyst estimate of ($2.05). Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.82 billion.

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

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