Wayfair (NYSE:W) reported its Q1 earnings results on Thursday, May 5, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Wayfair missed estimated earnings by 25.64%, reporting an EPS of $-1.96 versus an estimate of $-1.56.
Revenue was down $485.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.23 which was followed by a 3.24% increase in the share price the next day.
Here's a look at Wayfair's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.69 | 0.04 | 1.17 | 0.21 |
| EPS Actual | -0.92 | 0.14 | 1.89 | 1 |
| Revenue Estimate | 3.25B | 3.25B | 3.96B | 3.37B |
| Revenue Actual | 3.25B | 3.12B | 3.86B | 3.48B |
To track all earnings releases for Wayfair visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
