Wayfair: Q1 Earnings Insights

Wayfair W reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.

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

Wayfair beat estimated earnings by 35.8%, reporting an EPS of $-1.13 versus an estimate of $-1.76.

Revenue was down $219.00 million from the same period last year.

Last quarter the company missed on EPS by $0.1 which was followed by a 2.35% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-1.61	-2.03	-1.89	-1.56
EPS Actual	-1.71	-2.11	-1.94	-1.96
Revenue Estimate	3.06B	2.83B	3.19B	3.00B
Revenue Actual	3.10B	2.84B	3.28B	2.99B

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.

Earnings Calendar