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-0.00196078431372556 -0.00196078431372556 0.00217864923747264 -0.00152505446623094 0.00413943355119821 -0.00108932461873648 0.00108932461873632 0.00196078431372541
Stock impact report

Etsy stock jumps after earnings [MarketWatch]

Etsy, Inc. (ETSY) 
Last etsy, inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.etsy.com
Company Research Source: MarketWatch
Etsy stock jumps after earnings Etsy Inc. ETSY, +2.14% shares received another boost Monday afternoon, as a raised forecast in its earnings report sent stock prices higher in after-hours trading. Etsy reported second-quarter net income of $3.4 million, or 3 cents a share, on revenue of $132.4 million. Analysts on average expected profit of 4 cents a share on sales of $127.1 million, after Etsy reported earnings of 10 cents a share on revenue of $101.7 million a year ago. For the full year, Etsy added $5 million to its revenue-guidance range, raising it to $587 million to $596 million, and increased its expectations for gross merchandise sales. Etsy stock gained more than 5% in late trading after the earnings report hit, following a gain of 2.1% to $42.43 in regular trading. The company's stock has been on a tear since a new management team took over, gaining 107.5% this year as the S&P 500 index SPX, +0.35% has increased 6.2%. Have breaking news sent to your inbox. Subscribe to Show less Read more
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