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Stock impact report

Wix.com (WIX) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]

Wix.com Ltd. - Ordinary Shares (WIX) 
Last wix.com ltd. - ordinary shares earnings: 2/20 01:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily gain of 0.86%. Meanwhile, the Dow gained 1.22%, and the Nasdaq, a tech-heavy index, added 0.51%. The cloud-based web development company's stock has dropped by 1.62% in the past month, falling short of the Computer and Technology sector's gain of 3.76% and the S&P 500's gain of 2.84%. Analysts and investors alike will be keeping a close eye on the performance of Wix.com in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.03, showcasing a 13.19% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $417.42 million, indicating a 11.59% increase compared to the same quarter of the previous year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.81 per share and a revenue of $1.78 billion, representing changes of +9.57% and +14.18%, respectively, from the prior year. Investors Show less Read more
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