Wayfair (W) Q2 Earnings and Revenues Lag Estimates

Wayfair (W) came out with quarterly earnings of $0.47 per share, missing the Zacks Consensus Estimate of$ 0.50 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6%. A quarter ago, it was expected that this online home goods retailer would post a loss of$ 0.45 per share when it actually produced a loss of $0.32, delivering a surprise of 28.89%.Over the last four quarters, the company ...