Wix.com (NASDAQ:WIX) will release its quarterly earnings report on Wednesday, 2024-11-20. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Wix.com to report an earnings per share (EPS) of $1.43.
The market awaits Wix.com's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings History Snapshot
The company's EPS beat by $0.33 in the last quarter, leading to a 4.71% increase in the share price on the following day.
Here's a look at Wix.com's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.34 | 1.03 | 0.95 | 0.67 |
| EPS Actual | 1.67 | 1.29 | 1.22 | 1.10 |
| Price Change % | 5.0% | 3.0% | 2.0% | 3.0% |
Performance of Wix.com Shares
Shares of Wix.com were trading at $180.33 as of November 18. Over the last 52-week period, shares are up 86.7%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Wix.com visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
