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ETSY Etsy News Story

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Etsy Inc Reports Results For The Quarter Ended March 31: Earnings Summary

ETSY Inc ETSY.OQ reported quarterly adjusted earnings of 46 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 48 cents.  The mean expectation of twenty eight analysts for the quarter was for earnings of 49 cents per share. Wall Street expected results to range from 42 cents to $1.00 per share.

Revenue rose 0.8% to $651.18 million from a year ago; analysts expected $642.67 million.

ETSY Inc's reported EPS for the quarter was a loss of 49 cents​.

The company reported a quarterly loss of $52.1 million.

ETSY Inc shares had fallen by 2.2% this quarter and lost 12.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.3% in the last three months.​

In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy," 21 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the department stores peer group is also "hold"

Wall Street's median 12-month price target for ETSY Inc is $50.00

This summary was machine generated from LSEG data April 30 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.490.46Missed
Dec. 31 20240.931.03Beat
Sep. 30 20240.530.45Missed
Jun. 30 20240.450.41Missed

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