I am downgrading Etsy to 'hold' as revenue acceleration hasn't materialized despite management's product investments amid macroeconomic and competitive pressures. In Q1 FY25, GMS declined at an accelerated rate, with active buyers/sellers leaving the platform. Plus, forward Q2 management guidance shows no signs of bottoming in GMS yet. Etsy's Services revenue is growing at a stronger rate, which is a positive, but it is not enough to reignite investor optimism without GMS stabilization and reacceleration in marketplace revenue.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Etsy (ETSY) reported earnings 30 days ago. What's next for the stock?
Etsy, Inc. (NASDAQ:ETSY ) Annual JPMorgan Global Technology, Media and Communications Conference May 13, 2025 3:10 PM ET Company Participants Josh Silverman - Chief Executive Officer Lanny Baker - Chief Financial Officer Conference Call Participants Bryan Smilek - JPMorgan Bryan Smilek Awesome. Great. Let's get started.
Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trump's tariffs.
ETSY's first-quarter 2025 revenues beat estimates with ad and payments growth, but GMS and Marketplace sales dip, signaling mixed momentum ahead.
Etsy is focusing on personalization efforts amid what its CEO calls a “challenging” macroeconomic environment. The eCommerce website reported earnings on Wednesday (April 30) showing consolidated gross merchandise sales (GMS) of $2.8 billion down 6.5% year-over-year and down 5.7% on a currency-neutral basis.
Etsy, Inc. (NASDAQ:ETSY ) Q1 2025 Earnings Conference Call April 30, 2025 8:30 AM ET Company Participants Deb Wasser - VP of IR Josh Silverman - CEO Lanny Baker - CFO Kruti Patel Goyal - Chief Growth Officer Conference Call Participants Shweta Khajuria - Wolfe Research Bryan Smilek - JPMorgan Nikhil Devnani - Bernstein Bernard McTernan - Needham Michael Morton - MoffettNathanson Ken Gawrelski - Wells Fargo Deepak Mathivanan - Cantor Fitzgerald Ygal Arounian - Citi Deb Wasser Hi, everyone, and welcome to Etsy's First Quarter 2025 Earnings Conference Call. I'm Deb Wasser, VP of Investor Relations.
Although the revenue and EPS for Etsy (ETSY) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Etsy (ETSY) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.48 per share a year ago.
Online marketplace Etsy beat Wall Street estimates for first-quarter revenue on Wednesday, signaling steady demand for gifts and handcrafted goods as well as its resale apparel platform, Depop.
Etsy shares jumped in premarket trading on Wednesday after the company posted better-than-expected revenue for the first quarter. In this article ETSY