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What to Look for When Wayfair (W) Posts Q3 Results

Wayfair (W) is set to release its 2016 third quarter results before Tuesday's market open. Wall Street is expecting a wider loss than last year, but higher revenue year-over-year.

Analysts surveyed by FactSet are forecasting an adjusted loss of 59 cents per share on revenue of $845.90 million.

During the same quarter last year, the Boston-based online home goods retailer reported an adjusted loss of 13 cents per diluted share on revenue of $593.97 million.

Canaccord Genuity said Wayfair is "very attractive," but will have tough...