Wayfair Stock Jumps On Q2 Earnings Beat, Rising Active Customers
Wayfair Inc (NYSE:W) reported a second-quarter FY21 sales decline of 10.4% year-on-year, to $3.86 billion, missing the analyst consensus of $3.96…
Wayfair Q2 Adj. EPS $1.89 Beats $1.17 Estimate, Sales $3.86B Miss $3.96B Estimate
Wayfair (NYSE:W) reported quarterly earnings of $1.89 per share which beat the analyst consensus estimate of $1.17 by 61.54 percent. This is a 39.62 percent decrease over earnings of $3.13 per share from the same period
Earnings Scheduled For August 5, 2021
Companies Reporting Before The Bell
• OneSpaWorld Holdings (NASDAQ:OSW) is projected to report quarterly loss at $0.20 per share on revenue of $6.42 million.
3 Stocks Insiders Are Buying
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Unusual Options Activity Insight: Wayfair
Wayfair (NYSE:W) shares experienced unusual options activity on Tuesday. The stock price moved up to $249.53 following the option alert.
Another Big Earnings Week Ahead
After a monumental week of Big Tech earnings, we're in for more than a quarter of S&P 500 companies' reports, including those from Alibaba (NYSE: BABA), General Motors (NYSE: GM), and Kraft Heinz
Why Wayfair Shares Are Up On Monday
Wayfair (NYSE: W) shares are trading higher amid increased concern over the COVID-19 Delta variant. The company produces home furniture and saw its stock soar during the transition to remote work in 2020. Companies in the broader e-commerce space also saw gains during this period.
BNP Paribas Initiates Coverage On Wayfair with Outperform Rating, Announces Price Target of $400
BNP Paribas initiates coverage on Wayfair (NYSE:W) with a Outperform rating and announces Price Target of $400.
10 Consumer Discretionary Stocks With Unusual Options Alerts In Today’s Session
This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.