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Wayfair (W) Reports Q3 Earnings: What Key Metrics Have to Say
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Wayfair (W - Free Report) reported $2.94 billion in revenue for the quarter ended September 2023, representing a year-over-year increase of 3.7%. EPS of -$0.13 for the same period compares to -$2.11 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.99 billion, representing a surprise of -1.42%. The company delivered an EPS surprise of +69.77%, with the consensus EPS estimate being -$0.43.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Wayfair performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Orders Delivered: 9,900 thousand compared to the 9,855.14 thousand average estimate based on five analysts.
Average Order Value: $297 versus $302.97 estimated by five analysts on average.
Active Customers: 22,300 thousand versus 22,186.38 thousand estimated by four analysts on average.
LTM Orders Per Customers: $1.83 versus $1.82 estimated by four analysts on average.
Orders From Repeat Customers: 7.9 thousand versus 7.93 thousand estimated by three analysts on average.
LTM Net Revenue per Active Customer: $538 versus the two-analyst average estimate of $547.54.
Orders by Repeat Customers: 79.7% compared to the 79.7% average estimate based on two analysts.
Geographic Net Revenue- International: $372 million versus the five-analyst average estimate of $381.11 million. The reported number represents a year-over-year change of -7%.
Geographic Net Revenue- United States: $2.57 billion compared to the $2.60 billion average estimate based on five analysts. The reported number represents a change of +5.4% year over year.
Shares of Wayfair have returned -25.1% over the past month versus the Zacks S&P 500 composite's -2.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Wayfair (W) Reports Q3 Earnings: What Key Metrics Have to Say
Wayfair (W - Free Report) reported $2.94 billion in revenue for the quarter ended September 2023, representing a year-over-year increase of 3.7%. EPS of -$0.13 for the same period compares to -$2.11 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.99 billion, representing a surprise of -1.42%. The company delivered an EPS surprise of +69.77%, with the consensus EPS estimate being -$0.43.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Wayfair performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Orders Delivered: 9,900 thousand compared to the 9,855.14 thousand average estimate based on five analysts.
- Average Order Value: $297 versus $302.97 estimated by five analysts on average.
- Active Customers: 22,300 thousand versus 22,186.38 thousand estimated by four analysts on average.
- LTM Orders Per Customers: $1.83 versus $1.82 estimated by four analysts on average.
- Orders From Repeat Customers: 7.9 thousand versus 7.93 thousand estimated by three analysts on average.
- LTM Net Revenue per Active Customer: $538 versus the two-analyst average estimate of $547.54.
- Orders by Repeat Customers: 79.7% compared to the 79.7% average estimate based on two analysts.
- Geographic Net Revenue- International: $372 million versus the five-analyst average estimate of $381.11 million. The reported number represents a year-over-year change of -7%.
- Geographic Net Revenue- United States: $2.57 billion compared to the $2.60 billion average estimate based on five analysts. The reported number represents a change of +5.4% year over year.
View all Key Company Metrics for Wayfair here>>>Shares of Wayfair have returned -25.1% over the past month versus the Zacks S&P 500 composite's -2.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.