Etsy jumps after beating on earnings and revenue [CNBC]
Etsy, Inc. (ETSY)
Last etsy, inc. earnings: 2/26 04:05 pm
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US:NASDAQ Investor Relations:
investors.etsy.com
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Source: CNBC
Etsy jumps after beating on earnings and revenue Victor J. Blue/Bloomberg via Getty Images An employee works while sitting under a mural at Etsy Inc. headquarters in Brooklyn. fourth-quarter earnings The company reported fourth quarter earnings of $0.32 per share on revenues of $200 million. Analysts had expected EPS of $0.21 on revenues of $194.9 million. "By making Etsy a great destination for holiday shopping, we delivered strong fourth-quarter results to end an excellent year," CEO Josh Silverman said in a statement. "We kept our focus on improving search and discovery, building trust in the marketplace, expanding our marketing channels, and investing in services that fuel our sellers' success." Revenue for the fourth quarter grew 46.8 percent from the year-ago period, bolstered by surging marketplace revenue. Services revenue, though growing at a slower rate, still posted a 42 percent year-over-year gain.
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ETSY
News
- Etsy, Inc. (NASDAQ: ETSY) had its price target lowered by analysts at Wedbush from $80.00 to $70.00. They now have a "neutral" rating on the stock.MarketBeat
- Why Etsy (ETSY) is a Top Growth Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Handmade Jewelry Market to Reach $472.5 Billion Globally by 2032 at 11.9% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- Etsy: Competition Concerns Already Priced In [Seeking Alpha]Seeking Alpha
- Etsy, Inc. (NASDAQ: ETSY) had its "underweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $55.00 price target on the stock, down previously from $65.00.MarketBeat
ETSY
Earnings
- 2/21/24 - Miss
ETSY
Sec Filings
- 4/22/24 - Form ARS
- 4/22/24 - Form DEFA14A
- 4/22/24 - Form DEF
- ETSY's page on the SEC website