• *Title:
  • *Style:
  • *Request Type:
  • *Projected Order Volume:
  • *Projected Order Time:
  • *Valid to: Long-term effective
  • Payment Methods:
  • *Contact:
  • Company Name:
  • Note:
  • Also send it to my mailbox:
HomePage > News > Wayfair (W) Reports Q4 Loss, Tops Revenue Estimates
Wayfair (W) Reports Q4 Loss, Tops Revenue Estimates
Source:     2019-02-25 14:16

Wayfair (W) came out with a quarterly loss of $1.12 per share versus the Zacks Consensus Estimate of a loss of $1.30. This compares to loss of $0.58 per share a year ago. These figures are adjusted for non-recurring items.

 

This quarterly report represents an earnings surprise of 13.85%. A quarter ago, it was expected that this online home goods retailer would post a loss of $1.12 per share when it actually produced a loss of $1.28, delivering a surprise of -14.29%.

 

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

 

Wayfair, which belongs to the Zacks Internet - Commerce industry, posted revenues of $2.01 billion for the quarter ended December 2018, surpassing the Zacks Consensus Estimate by 2.46%. This compares to year-ago revenues of $1.44 billion. The company has topped consensus revenue estimates four times over the last four quarters.

 

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

 

Wayfair shares have added about 30.2% since the beginning of the year versus the S&P 500's gain of 10.7%.

 

What's Next for Wayfair?

While Wayfair has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

 

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

 

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

 

Ahead of this earnings release, the estimate revisions trend for Wayfair was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

 

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$1.24 on $1.88 billion in revenues for the coming quarter and -$4.53 on $8.83 billion in revenues for the current fiscal year.

 

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Commerce is currently in the bottom 26% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

 

 

(Source: Yahoo Finance)

 

Customer ServiceWork Day 9:00-18:00 021-33392538
SubscribeDiscover the latest trends of furniture industry

Jiagle.com Websites

Sitemap | Terms of Service | Privacy Policy Copyright 2019 Jiagle.com All Rights Reserved. 上海博华国际展览有限公司 版权所有 沪ICP备05034851号-77 沪公网安备 31010402000467号