Wix.com reported quarterly EPS of $0.68, missing the Zacks Consensus Estimate of $1.21 by $0.53 per share and down from $1.55 a year ago. The sizable earnings miss points to weaker-than-expected profitability and is likely to pressure the stock. This is primarily an earnings and company fundamentals update with limited broader market impact.
Wix.com reported quarterly EPS of $0.68, missing the Zacks Consensus Estimate of $1.21 by $0.53 per share and down from $1.55 a year ago. The sizable earnings miss points to weaker-than-expected profitability and is likely to pressure the stock. This is primarily an earnings and company fundamentals update with limited broader market impact.
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Request DemoOverall Sentiment
strongly negative
Sentiment Score
-0.65
Ticker Sentiment
