Recap: Wayfair Q1 Earnings

Wayfair W reported its Q1 earnings results on Thursday, May 5, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Wayfair missed estimated earnings by 25.64%, reporting an EPS of $-1.96 versus an estimate of $-1.56.

Revenue was down $485.00 million from the same period last year.

Last quarter the company missed on EPS by $0.23 which was followed by a 3.24% increase in the share price the next day.

Here's a look at Wayfair's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.69	0.04	1.17	0.21
EPS Actual	-0.92	0.14	1.89	1
Revenue Estimate	3.25B	3.25B	3.96B	3.37B
Revenue Actual	3.25B	3.12B	3.86B	3.48B

To track all earnings releases for Wayfair visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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