For the quarter ended December 2024, Etsy (ETSY) reported revenue of $852.16 million, up 1.2% over the same period last year. EPS came in at $1.03, compared to $0.78 in the year-ago quarter.The reported revenue represents a surprise of -1.11% over the Zacks Consensus Estimate of $861.72 million. With the consensus EPS estimate being $0.95, the EPS surprise was +8.42%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...

Key TakeawaysShares of online retailer Etsy fell Wednesday after revenue and sales on the platform came in below estimates in the fourth quarter.Revenue hit a quarterly record, but fell short of expectations as gross merchandise sales declined year-over-year.The company also expects GMS to decline in the first quarter "at a rate similar" to the nearly 7% drop it saw in the fourth quarter. Etsy (ETSY) shares slumped on Wednesday morning after the online selling platform's revenue and number of active buyers ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 10-K __________________________ ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 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 registrant as specified in its ch ...

Etsy (ETSY) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.42%. A quarter ago, it was expected that this online crafts marketplace would post earnings of $0.54 per share when it actually produced earnings of $0.45, delivering a surprise of -16.67%.Over the last four quarters, the c ...

Core Insights - Etsy reported mixed Q4 2024 earnings with record revenue of $852.2 million, a 1.2% increase year over year, but below the $861.8 million estimate by analysts. The earnings per share (EPS) of $1.03 exceeded the consensus forecast of $0.93, marking a 66% increase from $0.62 in Q4 2023 [1][2]. Financial Performance - Q4 2024 metrics include: - EPS: $1.03, exceeding estimates of $0.93, up 66% from $0.62 in Q4 2023 [2] - Revenue: $852.2 million, slightly up 1.2% from $842.3 million in Q4 2023, but below the $861.8 million estimate [2] - Net income: $129.9 million, a 56% increase from $83.3 million in Q4 2023 [2] - Adjusted EBITDA: $250.6 million, a 6.4% increase from $235.5 million in Q4 2023, with a margin of 29.4% [2][7] Business Model and Market Position - Etsy operates as a digital marketplace connecting artisans and consumers, focusing on unique, handmade, or vintage items, emphasizing personalization and human connection [3]. - The company is expanding its market share domestically and internationally, particularly in the gifting sector, leveraging technological advancements for enhanced search and personalization [4]. Gross Merchandise Sales (GMS) Insights - GMS for Q4 2024 declined by 6.8% to $3.7 billion, attributed to reduced consumer spending on non-essential goods. However, the subsidiary Depop achieved record GMS figures since its acquisition, indicating strategic growth in the re-commerce space [5]. Community Engagement - Etsy experienced a 2.6% decrease in active buyers and a 10% drop in active sellers. Despite this, the company successfully re-engaged 9.8 million lapsed buyers and attracted nearly 6.9 million new buyers, demonstrating effective customer retention efforts [6]. Technological Initiatives - The company is prioritizing marketplace enhancements through artificial intelligence (AI) and personalized shopping experiences, with initiatives like the Etsy Insider loyalty program aimed at increasing purchase frequency [8]. Future Outlook - For Q1 2025, Etsy management anticipates a continued decline in GMS similar to Q4 2024, with a projected take rate of about 23% and an adjusted EBITDA margin between 25%-26%, reflecting ongoing strategic initiatives to enhance buyer engagement and accelerate GMS growth [9][10].

Etsy, Inc. Reports Fourth Quarter and Full Year 2024 Results Highest-ever quarterly revenue achieved in Q4 24 Brooklyn, NY - February 19, 2025 - Etsy, Inc. (NASDAQ: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced financial results for its fourth quarter and full year ended December 31, 2024. "Despite facing significant GMS headwinds in 2024, we are proud to have delivered year-over-year revenue growth a ...

Etsy (ETSY 3.40%) is down over 81% off its high, providing an excellent opportunity for long-term investors.*Stock prices used were the afternoon prices of Feb. 12, 2025. The video was published on Feb. 14, 2025. ...

Core Insights - Analysts project Etsy (ETSY) will report quarterly earnings of $0.95 per share, reflecting a year-over-year increase of 21.8% [1] - Revenue is expected to reach $862.01 million, marking a 2.3% increase from the same quarter last year [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised upward by 1.3%, indicating a collective reassessment by covering analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - The consensus estimate for 'Revenue- Services' is $234.20 million, representing a 3.4% increase from the prior-year quarter [4] - 'Revenue- Marketplace' is expected to be $627.37 million, indicating a 1.9% increase from the prior-year quarter [5] Key Metrics - Total GMS is projected to reach $3.86 million, down from $4.01 million a year ago [5] - Active buyers are forecasted to be 96,724, slightly up from 96,483 in the same quarter last year [5] - The estimate for 'Percent GMS ex-U.S. Domestic' is 46.9%, compared to 45% a year ago [6] - Active sellers are expected to total 9,612, an increase from 9,035 a year ago [6] Market Performance - Etsy shares have returned -0.9% over the past month, while the Zacks S&P 500 composite has increased by 3.9% [6] - With a Zacks Rank 3 (Hold), Etsy is anticipated to perform in line with the overall market in the near future [6]

Wall Street expects a year-over-year increase in earnings on higher revenues when Etsy (ETSY) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact 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 February 19. On t ...

Since the start of 2023, the S&P 500 has put up a ridiculous total return of 62%. That's an unbelievable gain that's well above historical norms for the widely followed benchmark.Unfortunately, not all businesses have benefited from the bullish sentiment. In fact, there's one e-commerce company whose shares trade at a gut-wrenching 82% below their peak, which was established in November 2024. There are still reasons to be optimistic, though. Here's why you should buy this growth stock right now.A value prop ...