ETSY - Etsy Stock Drops After Mixed Q4 Results Weak Guidance | Benzinga
Etsy Inc. (NASDAQ:ETSY) reported mixed fourth-quarter financial results after the bell on Wednesday. Here's a look at the details.
The Details: Etsy reported quarterly earnings of 62 cents per share which missed the analyst consensus estimate of 78 cents by 20.51%.
The company reported quarterly sales of $842.3 million, beating the analyst consensus estimate of $827.81 million by 1.75% and representing a 4.34% increase over sales of $807.24 million from the same period last year.
“Etsy delivered over $13 billion in consolidated GMS and our highest-ever annual revenue,” said Josh Silverman, Etsy’s CEO. “We’ve ...