Published on 2 May 2024 on Zacks via Yahoo Finance
ETSY's Q1 Earnings Miss Estimates, Revenues Increase Y/Y
Etsy, Inc. ETSY reported first-quarter 2024 earnings of 48 cents per share, missing the Zacks Consensus Estimate by 2.04%. The bottom-line figure reflects a year-over-year decrease of 9.4%.Revenues advanced 0.8% year over year to $645.95 million. The figure missed the Zacks Consensus Estimate by 0.4%.Top-line growth was driven by accelerating services revenues.Strong momentum across active sellers and reactivated buyers remained positive.
Etsy, Inc. Price, Consensus and EPS Surprise
