Wayfair Inc reports results for the quarter ended December 31 - Earnings Summary

• Wayfair Inc W.N reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of thirty one analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -27 cents to 16 cents per share.

• Revenue rose 0.2% to $3.12 billion from a year ago; analysts expected $3.06 billion.

• Wayfair Inc's reported EPS for the quarter was a loss of $1.02​.

• The company reported a quarterly loss of $128 million.

• Wayfair Inc shares had risen by 4.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 80.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 20 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the department stores peer group is also "buy"

Wall Street's median 12-month price target for Wayfair Inc is $54.00

This summary was machine generated from LSEG data February 20 at 03:46 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)