Wayfair: Q3 Earnings Snapshot
Wayfair Inc. reported a loss of $99 million in its third quarter, with a loss of 76 cents per share.
Adjusted earnings came to 70 cents per share, exceeding Wall Street expectations of 46 cents per share.
- Revenue: $3.12 billion
- Expected revenue: $3.01 billion
The results exceeded Wall Street expectations.
The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.
Author's summary: Wayfair reports Q3 loss, beats revenue expectations.