Etsy, Inc. (ETSY) Q1 2024 Earnings Call Transcript

10:02pm, Wednesday, 01'st May 2024
Etsy, Inc. (NASDAQ:ETSY ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Deb Wasser - Vice President, Investor Relations Josh Silverman - Chief Executive Officer Rachel G
The headline numbers for Etsy (ETSY) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates a

Etsy (ETSY) Q1 Earnings and Revenues Lag Estimates

06:21pm, Wednesday, 01'st May 2024
Etsy (ETSY) came out with quarterly earnings of $0.48 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.53 per share a year ago.
Etsy missed Wall Street expectations for first-quarter gross merchandise sales (GMS) and profit on Wednesday, hurt by lower demand for its handcrafted goods and personalized gifts at its online market
Here we take a sneak peek at four Internet services stocks, namely, ZG, UPWK, DASH and ETSY, due to report their first-quarter earnings on May 1.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Etsy (ETSY), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quart
In the closing of the recent trading day, Etsy (ETSY) stood at $67.20, denoting a +0.49% change from the preceding trading day.
Etsy (ETSY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Etsy was a highly popular website for handmade goods during the pandemic. But the stock was just hit with a prognosticator's downgrade this past week.
Analysts upgraded one e-commerce stock and downgraded the other in a Thursday report.
It's been a dreary April, with a 4.4% drop for the S&P 500, and a fall of 2% this week. It's also in the grips of the longest slide since January, with a fear gauge on the rise.
Morgan Stanley says investors should buy eBay and short Etsy in a call on the $1.1 trillion U.S. e-commerce market.
In the closing of the recent trading day, Etsy (ETSY) stood at $67.49, denoting a -1.27% change from the preceding trading day.
Macro headwinds and changing consumer behavior have negatively affected Etsy's growth. Yet, investors will appreciate the consistent profitability this business has been able to show.
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