May 1, 11:12 AM

Wayfair Q1 Adjusted EPS $0.10, Revenue $2.7B with U.S. Sales Up; Shares Rise 19% Amid Tariff Concerns

Wayfair Inc. reported first-quarter earnings that exceeded market expectations despite concerns about tariffs. The company posted adjusted earnings per share of $0.10, surpassing the consensus estimate of a $0.20 loss per share. Total net revenue was $2.7 billion, essentially flat year-over-year and slightly below the consensus estimate of $2.71 billion. U.S. net revenue increased by $38 million, or 1.6%, to $2.4 billion. Despite a diluted loss per share of $0.89 on a GAAP basis, the positive adjusted earnings and stable revenue contributed to a rise in Wayfair's shares, which gained as much as 19% in premarket trading following the earnings release.

#Wayfair

Written with ChatGPT (GPT-4).

Sources

Open Outcrier@OpenOutcrier
2 years ago
$W (+7.8% pre) Wayfair Shares Soar as First-Quarter Profit Tops Estimates https://t.co/5ZDwmVfVEY
Bloomberg@business
2 years ago
Wayfair shares rose as much as 19% in premarket trading as its earnings came in better than expected https://t.co/oZ4N4E5Niv
AlphaSense@AlphaSenseInc
2 years ago
$W Earnings: - Total net revenue of $2.7 billion, increased $1 million, or was close to flat, year over year - Diluted loss per share was $0.89 and Non-GAAP Adjusted Diluted Earnings Per Share was $0.10 - U.S. net revenue of $2.4 billion, increased $38 million, up 1.6% year over https://t.co/7r6EZFekR8

Wayfair Q1 Adjusted EPS $0.10, Revenue $2.7B with U.S. Sales Up; Shares Rise 19% Amid Tariff Concerns

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