Etsy Inc. (ETSY)
Etsy: Mixed Q2 Results, Revenue Up
Net income fell to $53.0 million due to a $7.2 million retroactive non-income tax expense, impacting margins. Revenue increased 3.0% to $647.8 million, driven by marketplace and payments revenue, aligning with expectations.
ETSY's Q2 Earnings Miss Estimates, Revenues Increase Y/Y
ETSY's second-quarter results reflect strength across active sellers and reactivated buyers. Also, accelerating marketplace revenues remains a plus.
Etsy Looks to Loyalty Rewards to Counter Sales Declines
As Etsy sees its sales slip, the eCommerce marketplace is gearing up to launch a loyalty program in an effort to drive greater spending and frequency among consumers who demand to be rewarded for their purchases.
This Etsy Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Etsy, Inc. (ETSY) Q2 2024 Earnings Call Transcript
Etsy, Inc. (NASDAQ:ETSY ) Q2 2024 Earnings Call Transcript July 31, 2024 5:00 PM ET Company Participants Deb Wasser - VP of IR Josh Silverman - CEO Rachel Glaser - CFO Conference Call Participants Jason Helfstein - Oppenheimer Jian Li - Evercore Nathan Feather - Morgan Stanley Shweta Khajuria - Wolfe Research John Colantuoni - Jefferies Rick Patel - Raymond James Chris Kuntarich - UBS Michael Morton - MoffettNathanson Deb Wasser Hi, everyone, and welcome to Etsy's Q2 2024 Earnings Conference Call. I'm Deb Wasser, VP of Investor Relations.
Compared to Estimates, Etsy (ETSY) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Etsy (ETSY) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Etsy (ETSY) Q2 Earnings Lag Estimates
Etsy (ETSY) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.83 per share a year ago.
Etsy beats quarterly revenue estimates on steady demand for personalized gifts
Etsy beat Wall Street expectations for second-quarter revenue and gross merchandise sales on Wednesday, helped by steady demand for personalized gifts at its online marketplace.
Etsy plans to test its first-ever loyalty program as it aims to boost sales
Etsy said Wednesday it will begin testing its first-ever loyalty program in September, a move designed to boost the e-commerce site's sluggish sales and draw in occasional shoppers.
Insights Into Etsy (ETSY) Q2: Wall Street Projections for Key Metrics
Get a deeper insight into the potential performance of Etsy (ETSY) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Earnings Preview: Etsy (ETSY) Q2 Earnings Expected to Decline
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.
Etsy poised to report in-line Q2 earnings amid spending pressures, competition concerns
Etsy Inc (NASDAQ:ETSY, ETR:3E2) faces persistent discretionary retail goods spending pressures and fierce competition from low-cost online rivals which limit its upside, analysts at Wedbush believe. In a note ahead of the online marketplace's second quarter earnings report due Wednesday, July 31, after the stock market closes, the analysts wrote that they remain ‘Neutral' on the stock.
