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Wayfair Swings to Q3 Adjusted Earnings, Net Revenue Declines; Shares Rise Pre-Bell
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Wayfair Swings to Q3 Adjusted Earnings, Net Revenue Declines; Shares Rise Pre-Bell
Nov 4, 2024 11:56 AM

07:39 AM EDT, 11/01/2024 (MT Newswires) -- Wayfair ( W ) reported Q3 adjusted earnings Friday of $0.22 per diluted share, swinging from a loss of $0.13 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.13 per share.

Net revenue for the quarter ended Sept. 30 was $2.88 billion, down from $2.94 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.88 billion.

Wayfair ( W ) shares were up more than 12% in recent Friday premarket activity.

Price: 48.64, Change: +5.81, Percent Change: +13.57

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