Etsy Plunges 28% in a Year: Should You Hold or Fold the Stock?

The consensus mark for revenues is pegged at $644.45 million, indicating a year-over-year decline of 0.23%. Etsy missed the Zacks Consensus Estimate for earnings in three of the trailing four quarters and beat once, with the negative average surprise being 5.29%. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Conclusion: Hold ETSY Stock for Now The company's underperformance is largely due to weak consumer discretionary spending amid macroeconomic challenges. The e-commerce market i ...