Etsy Inc. (ETSY)
Here's How Etsy Disappointed Investors Today
Shares of e-commerce marketplace Etsy (ETSY -7.54%) disappointed investors on Wednesday after it reported its financial results for the fourth quarter of 2024. The company is struggling to grow and retain its user base.
Etsy: Abysmal Holiday Sales Signal Need For Improved Customer Acquisition
Etsy reported a GAAP EPS of $1.03, beating expectations by $0.09, but sales missed at $852M, falling short by $9.2M. Gross merchandise sales declined 6.8% YoY to $3.7B, with Etsy-specific GMS down 8.6% YoY. Etsy's profit margins increased as it earned more fee revenue on its sellers, yet it saw a sharp decline in sellers, buyers, and sales per customer.
Etsy, Inc. (ETSY) Q4 2024 Earnings Call Transcript
Etsy, Inc. (NASDAQ:ETSY ) Q4 2024 Earnings Conference Call February 19, 2025 8:30 AM ET Company Participants Deb Wasser - VP of IR Josh Silverman - CEO Lanny Baker - CFO Conference Call Participants Eric Sheridan - Goldman Sachs Youssef Squali - Truist Securities Lee Horowitz - Deutsche Bank Maria Ripps - Canaccord Curtis Nagle - BofA Securities Steven Forbes - Guggenheim Mark Kelley - Stifel John Colantuoni - Jefferies Deb Wasser Hi, everyone, and welcome to Etsy's Fourth Quarter and Full Year 2024 Earnings Conference Call. I'm Deb Wasser, VP of Investor Relations.
Housing Puts Up Mixed Numbers; Earnings for ETSY, GRMN & More
New Housing Starts last month were notably lower than the previous month.
Etsy shares slump on holiday quarter sales miss
Etsy Inc (NASDAQ:ETSY, ETR:3E2) shares tumbled almost 10% as the online marketplace's holiday quarter sales came in below estimates. For the fourth quarter, Etsy reported record revenue of $852.2 million, up 1.2% year-over-year but short of the $861.8 million expected by Street analysts.
Etsy stock tumbles on revenue miss as company reports drop in number of goods sold
Etsy reported lower-than-expected sales for the holiday quarter. The company also missed expectations for gross merchandise sales, pointing to "significant headwinds," including dampened consumer spending on discretionary goods.
Etsy (ETSY) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Etsy (ETSY) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Etsy Stock Slips as Revenue, Gross Merchandise Sales Disappoint
Etsy (ETSY) shares slumped on Wednesday morning after the online selling platform's revenue and number of active buyers for the fourth quarter came in lower than analysts had expected.
Etsy Stock Falls On Holiday Quarter Sales Miss As Total Spending And Shoppers Decline
Etsy stock tumbled on a fourth quarter sales miss, as the company blamed a mix of headwinds for lowering total spending. The post Etsy Stock Falls On Holiday Quarter Sales Miss As Total Spending And Shoppers Decline appeared first on Investor's Business Daily.
Etsy (ETSY) Surpasses Q4 Earnings Estimates
Etsy (ETSY) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.78 per share a year ago.
Etsy: Q4 EPS Beats, Revenue Slight Miss
Online marketplace Etsy (ETSY 0.16%) reported mixed fourth quarter 2024 earnings on Wednesday, Feb. 19. Revenue of $852.2 million was up 1.2% year over year but fell short of the $861.8 million anticipated by analysts.
Etsy misses Wall Street's revenue estimate as marketplace sales dip
Etsy's stock was down 7% in premarket action after it came up short of revenue expectations while beating its profit mark.
