Wayfair (W) Reports Q1 Loss, Tops Revenue Estimates

Wayfair (W) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.45. This compares to loss of $1.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 28.89%. A quarter ago, it was expected that this online home goods retailer would post a loss of $0.23 per share when it actually produced a loss of $0.11, delivering a surprise of 52.17%.Over the last four quarters, the company has ...