On Friday 1st November 2024, investors and market participants can expect the release of Wayfair (NYSE: W) third quarter financial results. This crucial announcement will be made before market open.
It appears that the organization is on the verge of revealing their estimated $0.13 profit per share for the quarter, as well as their total revenue of $2.88 billion for this specific period, according to financial experts on Wall Street.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $11.8 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $0.59 during the fiscal year.
The earnings report for the corresponding quarter in the previous year showcased a per-share loss of $0.13. This considerable sum was attributed to the company's total revenue, which reached an impressive $2.94 billion during that specific quarter.
The organization will host a conference call with investment community on 1st November 2024 at 08:00 AM eastern time to discuss the financial results.
Wayfair (W) closed Wednesday's regular trading session at $42.65, demonstrating a 0.72 percent decrease. The stock fluctuated between $42.53 and $44.40 during the day, with a volume of 5.03 million shares.
