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Benzinga
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Wayfair Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Wayfair expects Q2 earnings at 33 cents per share, down from 47 cents. 2. Projected Q2 revenue remains flat at $3.12 billion year-over-year. 3. Analysts maintained varied ratings and increased price targets for Wayfair. 4. Wayfair shares dropped 0.6% to $65.22 prior to earnings release. 5. Analyst confidence varies with some maintaining bullish ratings.

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FAQ

Why Neutral?

Despite mixed earnings expectations, there are positive analyst ratings indicating potential future recovery.

How important is it?

Analysts' ratings and earnings projections suggest mixed confidence, potentially stabilizing or affecting stock trends.

Why Short Term?

The earnings report likely influences immediate stock performance but doesn't indicate long-term trends.

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