FMP
May 20, 2024 12:52 PM - Davit Kirakosyan
Wix.com (NASDAQ:WIX) shares surged more than 7% pre-market today after the company reported first-quarter profits that exceeded analyst expectations. The company posted an adjusted earnings per share (EPS) of $1.29, which was higher than the consensus estimate of $1.03. Revenue for the quarter also surpassed predictions, reaching $419.8 million compared to the expected $417.9 million.
Looking ahead, the company provided guidance for Q2/24, projecting revenues between $431 million and $435 million, compared to the Street estimate of $435.3 million. For the full year, Wix expects revenues to be between $1.738 billion and $1.761 billion, compared to the Street estimate of $1.75 billion.
In a statement, the CEO of Wix.com expressed satisfaction with the company's performance, attributing the strong results to the effective execution of their growth strategy and continued investment in product development. The CEO emphasized the company’s commitment to expanding its market presence and enhancing its platform capabilities.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...