Wix.Com Ltd Reports Earnings Beat at $0.06, Surpassing Profit Expectations

According to Wix.Com Ltd's (NASDAQ: WIX) report, the earnings per share for the third quarter stood at $1.50, which is $0.06 better than analysts' expectations of $1.44. The profit reported for this quarter was set at $444.7 million, while analyst expectations were $443.97 million.

Wix.Com Ltd's guidance for the fourth quarter of 2024 was set at $457.00 million to $464.00 million, with analysts estimating $457.10 million.

For the fiscal year 2024, Wix.Com Ltd's profit was indicated to be $1.76 billion. Analyst predictions were also at $1.76 billion.

Wix.Com Ltd's stock closed the day at $183.95, reflecting a 9.51% increase over the past three months. The stock has gained 90.29% in value over the last 12 months. Over the last 90 days, Wix.Com Ltd has seen 7 positive earnings per share results and 5 negative ones.

You can examine how Wix.Com Ltd's stock price reacted to past earnings reports here. According to InvestingPro, Wix.Com Ltd's financial health score is rated as "Quite Good." You can view the latest earnings reports and all financial information about Wix.Com Ltd here. Stay informed about all developments related to balance sheets by visiting the Investing.com Earnings Calendar.