Etsy(ETSY)

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Etsy shares slump as slowdown in discretionary consumer spending hits Q1 earnings
Proactive Investors· 2024-05-02 16:02
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Etsy(ETSY) - 2024 Q1 - Earnings Call Transcript
2024-05-02 02:02
Etsy, Inc. (NASDAQ:ETSY) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Deb Wasser - Vice President, Investor Relations Josh Silverman - Chief Executive Officer Rachel Glaser - Chief Financial Officer Conference Call Participants Maria Ripps - Canaccord Laura Champine - Loop Michael Morton - MoffettNathanson Naved Khan - B. Riley Securities Trevor Young - Barclays Ken Gawrelski - Wells Fargo Mark Kelley - Stifel Deb Wasser Hi, everyone, and welcome to Etsy's First Quarter 2024 ...
Here's What Key Metrics Tell Us About Etsy (ETSY) Q1 Earnings
Zacks Investment Research· 2024-05-01 22:31
Etsy (ETSY) reported $645.95 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 0.8%. EPS of $0.48 for the same period compares to $0.53 a year ago.The reported revenue represents a surprise of -0.35% over the Zacks Consensus Estimate of $648.22 million. With the consensus EPS estimate being $0.49, the EPS surprise was -2.04%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...
Etsy (ETSY) Q1 Earnings and Revenues Lag Estimates
Zacks Investment Research· 2024-05-01 22:21
Etsy (ETSY) came out with quarterly earnings of $0.48 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.04%. A quarter ago, it was expected that this online crafts marketplace would post earnings of $0.78 per share when it actually produced earnings of $0.78, delivering no surprise.Over the last four quarters, the company ha ...
Etsy(ETSY) - 2024 Q1 - Quarterly Report
2024-05-01 22:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-Q __________________________________ ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-36911 __________________________________ ETSY, INC. (Exact name of re ...
Etsy(ETSY) - 2024 Q1 - Quarterly Results
2024-05-01 20:06
Etsy Gifting GMS: Estimate based upon word 'gift' in the listing title, shipped with a gift message, or other signal the item was purchased as a gift. Source: Consumer Edge spend data from sampling of credit card transactions from online 'gifting' peers Zola, Zazzle, Minted, Uncommon Goods, Hallmark, and Mark and Graham. 1 2 "On a consolidated basis, our revenue outgrew GMS, and adjusted EBITDA margins were in line with expectations," said Rachel Glaser, Chief Financial Officer. "We believe that our discipl ...
Curious about Etsy (ETSY) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-29 14:21
Wall Street analysts expect Etsy (ETSY) to post quarterly earnings of $0.49 per share in its upcoming report, which indicates a year-over-year decline of 7.6%. Revenues are expected to be $648.32 million, up 1.2% from the year-ago quarter.The current level reflects a downward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company annou ...
Why the Market Dipped But Etsy (ETSY) Gained Today
Zacks Investment Research· 2024-04-25 23:21
Etsy (ETSY) closed the most recent trading day at $67.20, moving +0.49% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 0.46% for the day. At the same time, the Dow lost 0.98%, and the tech-heavy Nasdaq lost 0.64%.Prior to today's trading, shares of the online crafts marketplace had lost 1.65% over the past month. This has was narrower than the Computer and Technology sector's loss of 5.01% and the S&P 500's loss of 3.04% in that time.The investment community wi ...
Analysts Estimate Etsy (ETSY) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-04-24 15:08
The market expects Etsy (ETSY) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 1 ...
Why Etsy (ETSY) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-04-23 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?Devel ...