Etsy Q3 Earnings Miss Estimates, Stock Gains on Revenue Beat

Etsy (ETSY) shares jumped 7.19% to close at $51.44 on Thursday following the announcement of third-quarter 2024 results.Revenues advanced 4.1$662.4 million. The figure beat the Zacks Consensus Estimate by 1.31%. Top-line growth was driven by accelerating Marketplace revenues.However, third-quarter 2024 earnings of 45 cents per share missed the Zacks Consensus Estimate by 16.67%. The bottom-line figure reflects a year-over-year decrease of 29.7%.Find the latest EPS estimates and surprises ...