Wix Set to Report Q3 Earnings: Here's What Investors Should Know [Yahoo! Finance]
Wix.com Ltd. - Ordinary Shares (WIX)
Last wix.com ltd. - ordinary shares earnings: 2/20 01:00 am
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US:NASDAQ Investor Relations:
investors.wix.com/investor-relations/overview/default.aspx
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Source: Yahoo! Finance
The company expects third-quarter revenues to be between $440 million and $445 million, implying 12-13% growth from the prior-year quarter's reported figure. The Zacks Consensus Estimate is pegged at $443.3 million, indicating an increase of 12.6% from a year ago. The Zacks Consensus Estimate for earnings is pegged at $1.44 per share, up 30.9% from the year-earlier quarter. WIX's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 29.8%. The stock has risen 92.7% compared with the sub-industry's growth of 24.5% in the past year. Image Source: Zacks Investment Research Increasing adoption of the product portfolio, especially WIX Studio and various AI products, is likely to have driven the revenues in the to-be-reported quarter. WIX Studio has been witnessing strengthening momentum and the addition of new features and enhancements bode well. In the last reported quarter, the company rolled out new dynamic no-code design
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WIX
News
- Wix.com Ltd. (NASDAQ: WIX) had its price target raised by analysts at B. Riley from $190.00 to $220.00. They now have a "buy" rating on the stock.MarketBeat
- Wix.com Ltd. (NASDAQ: WIX) had its price target raised by analysts at Benchmark Co. from $225.00 to $250.00. They now have a "buy" rating on the stock.MarketBeat
- Wix.com Ltd. (NASDAQ: WIX) had its price target raised by analysts at Royal Bank of Canada from $190.00 to $245.00. They now have an "outperform" rating on the stock.MarketBeat
- Wix.com Ltd. (NASDAQ: WIX) had its price target raised by analysts at Cantor Fitzgerald from $200.00 to $240.00. They now have an "overweight" rating on the stock.MarketBeat
- Wix.com Ltd. (NASDAQ: WIX) had its price target raised by analysts at Piper Sandler from $200.00 to $249.00. They now have an "overweight" rating on the stock.MarketBeat
WIX
Earnings
- 11/20/24 - Miss
WIX
Sec Filings
- 11/21/24 - Form 144
- 11/21/24 - Form 144
- 11/21/24 - Form 144
- WIX's page on the SEC website