Wayfair (W Quick QuoteW - Free Report) reported $3.12 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 1.7%. EPS of $0.47 for the same period compares to $0.21 a year ago.

The reported revenue represents a surprise of -1.99% over the Zacks Consensus Estimate of $3.18 billion. With the consensus EPS estimate being $0.50, the EPS surprise was -6.00%.

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

  : 10 million compared to the 10.33 million average estimate based on seven analysts.

• Average Order Value

  : $313 versus $307.24 estimated by seven analysts on average.

• Active Customers

  : 22 million compared to the 22.46 million average estimate based on six analysts.

• LTM Orders Per Customers

  : $1.85 compared to the $1.83 average estimate based on five analysts.

• LTM Net Revenue per Active Customer

  : $540 versus $531.84 estimated by four analysts on average.

• Orders From Repeat Customers

  : 8.1 thousand versus 8.3 thousand estimated by three analysts on average.

• Orders by Repeat Customers

  : 81.7% compared to the 80.8% average estimate based on two analysts.

• Geographic Net Revenue- International

  : $387 million compared to the $380.22 million average estimate based on six analysts. The reported number represents a change of +0.3% year over year.

• Geographic Net Revenue- United States

  : $2.73 billion compared to the $2.79 billion average estimate based on six analysts. The reported number represents a change of -2% year over year.

View all Key Company Metrics for Wayfair here>>>

Shares of Wayfair have returned +5.7% over the past month versus the Zacks S&P 500 composite's +1.1% 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.