Wayfair (W) Tops Q2 Earnings and Revenue Estimates

Wayfair (W) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of +141.67%. A quarter ago, it was expected that this online home goods retailer would post a loss of $0.18 per share when it actually produced earnings of $0.1, delivering a surprise of +155.56%. Over the last four quarters, ...