Etsy, Inc. Reports Third Quarter 2024 Results Etsy's Board of Directors Approves a new $1B Stock Repurchase Program Brooklyn, NY - October 30, 2024 - 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 results for its third quarter ended September 30, 2024. "Our third quarter consolidated results came in roughly as anticipated, with some incremental pressure on Etsy marketplace year-over ...

Etsy's Board of Directors Approves a new $1B Stock Repurchase Program BROOKLYN, N.Y., Oct. 30, 2024 /PRNewswire/ -- 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 results for its third quarter ended September 30, 2024. "Our third quarter consolidated results came in roughly as anticipated, with some incremental pressure on Etsy marketplace yearover-year GMS, healthy growth in revenu ...

In its upcoming report, Etsy (ETSY) is predicted by Wall Street analysts to post quarterly earnings of $0.54 per share, reflecting a decline of 15.6% compared to the same period last year. Revenues are forecasted to be $654.43 million, representing a year-over-year increase of 2.9%. The consensus EPS estimate for the quarter has undergone a downward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial est ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Etsy (ETSY) reports results for the quarter ended September 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 earnings report, which is expected to be released on October 30, 2024, might help the stock move higher if these key numbers are better than expecta ...

E-commerce platform Etsy (Nasdaq: ETSY ) was undoubtedly one of the biggest winners during the Covid-19 pandemic. With people confined to their homes and unable to spend on experiences or travel, many resorted to online shopping. Flush with stimulus checks, consumers I am an individual value investor pursuing a bachelor's degree in Finance at Florida State University with the goal of attaining my CFA. I have a distinct passion for equity research and fundamental analysis. Regarding my approach, I have been ...

BROOKLYN, N.Y., Oct. 16, 2024 /PRNewswire/ -- Etsy, Inc. (Nasdaq: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, plans to release its third quarter 2024 financial results after market close on Wednesday, October 30, 2024. The press release can be accessed on the Etsy Investor Relations website (investors.etsy.com). Etsy will also host a video webcast conference call to discuss those results at 5:00 p.m. Eastern Time o ...

Shares of Etsy Inc ETSY have lost around 38% year to date, with the company facing intensifying competition. According to Goldman Sachs, the current Street estimates for Etsy are at risk, given the low visibility into gross merchandise sales, the potential for persistent share losses, and the risk of margin compression in 2025. Analyst Eric Sheridan downgraded Etsy's rating from Neutral to Sell and slashed the price target from $70 to $45. The Etsy Thesis: The company's gross merchandise sales have been dec ...

Goldman Sachs downgraded Etsy Inc (NASDAQ:ETSY) to "sell" from "neutral" this morning, and lowered its price target to $45 from $70. The analyst expects the e-commerce stock, which is down 39.3% in 2024, to continue to lose market share, amid increased competition. ETSY appears to be brushing off the bear note, up 1.9% at $50.52 at last glance. The shares yesterday hit a more than four-year low of $48.06, and are below all moving averages between the 20- and 320-day trendlines. Over in the options pits, ETS ...

Shares in this e-commerce company have languished since the pandemic's height. Will it ever recover to previous highs? The COVID-19 pandemic shut the world down, and lockdowns and movement restrictions boosted demand for stay-at-home activities. Online craft marketplace Etsy (ETSY -0.16%) was a natural beneficiary of this trend. Its stock price soared, with investors seeming to believe that the boom times would never end. Now, the company's price tag has dropped substantially -- potentially putting it on th ...

Etsy stock has slipped 36% this year. The S&P 500 recently completed its latest quarterly rebalancing, a move to ensure the benchmark serves its purpose -- showcasing the performance of the top 500 companies driving today's economy. This generally involves the removal of certain members and the addition of new ones. In the latest reshuffle, the S&P 500 dropped an e-commerce stock that skyrocketed during early pandemic days. I'm talking about Etsy (ETSY -0.14%), an online marketplace connecting the makers of ...