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Stock impact report

Why Wix.com (WIX) Dipped More Than Broader Market Today [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
Elsewhere, the Dow lost 0.2%, while the tech-heavy Nasdaq lost 0.24%. Heading into today, shares of the cloud-based web development company had gained 10.28% over the past month, outpacing the Computer and Technology sector's gain of 0.2% and the S&P 500's gain of 0.94%. The upcoming earnings release of Wix.com will be of great interest to investors. The company's upcoming EPS is projected at $1.36, signifying a 29.53% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $528.03 million, indicating a 14.68% increase compared to the same quarter of the previous year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.93 per share and a revenue of $2 billion, signifying shifts of +8.45% and +13.41%, respectively, from the last year. Investors might also notice recent changes to analyst estimates for Wixcom. These recent revisions tend to reflect the evolving nature of short-term bu Show less Read more
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