Wayfair Swings to Q1 Adjusted Earnings, Revenue Unchanged

MT Newswires Live
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Wayfair (W) reported Thursday its Q1 swung to adjusted earnings of $0.10 per diluted share from a loss of $0.32 a year earlier.

Analysts polled by FactSet expected a loss of $0.21.

Revenue for the quarter ended March 31 was $2.73 billion, flat with a year earlier.

Analysts surveyed by FactSet expected $2.71 billion.

The company's shares were up 4.5% in recent trading after the opening bell on Thursday.

Price: 31.51, Change: +1.35, Percent Change: +4.48

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