Wayfair (W) shares plunged around 5% in pre-market trading on Thursday, despite the online home furnishings retailer reporting better-than-expected revenue for the fourth quarter of 2024. The stock's pre-market selloff came after Wayfair posted an adjusted loss of $0.25 per share for Q4, far wider than analysts' expectations of just a $0.01 loss.
Specifically, Wayfair reported Q4 2024 revenue of $3.1 billion, edging past the $3.07 billion consensus estimate. However, the company's adjusted net loss for the quarter ballooned to $0.25 per share from a loss of $0.11 per share in the year-ago period, significantly missing Wall Street projections.
While Wayfair's revenue growth was a positive, analysts on Wall Street appeared more concerned with the larger-than-anticipated quarterly losses. The wider Q4 loss likely reflected ongoing pressure on profit margins amid persistently high costs. Some analysts also expressed disappointment with Wayfair's lack of specific earnings guidance for 2025, citing continued uncertainty around the economic outlook.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。