Etsy Inc.
ETSY-
Etsy Inc declined 9.6% to $86.88 after the company reported second quarter earnings that met analysts' estimates but forecasted revenue in the third quarter below expectations.
Consolidated revenue in the second quarter increased 7% to $629 million from $585.1 million and net income declined 15.3% to $61.9 million from $73.1 million and diluted earnings per share fell to 45 cents from 51 cents a year ago.
The company operates three online platforms, Etsy, Reverb and Depop and reports consolidated results.
Gross merchandise sales inched lower 0.6% to $3.01 billion from $3.02 billion and number of active sellers increased 12.3% to 8.3 million and active buyers rose 2.5% to 96.2 million.
The company guided third quarter gross market sales between $2.95 billion and $3.1 billion and revenue between $610 million and $645 million.
Aug 3, 2023
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| Trading Volume | 59,120 |
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87.03 - 51.75 |
| Market Cap Full | $ 6.6B |
Quarterly +
| 2026 | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| Q1 | -1.2% | -16.7% | -14.6% | -7.1% |
| Q2 | - | -3.5% | -10.2% | -24% |
| Q3 | - | 31.7% | -2.8% | -23.7% |
| Q4 | - | -14.5% | -4.8% | 25.4% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2026 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - |
| 2025 | |||||||||||
| 2 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| -17.6 | 8 | -4 | -0.5 | -7.6 | -6.8 | 9.9 | -15.2 | 0.8 | -7.2 | 6.5 | -3.7 |
| 2023 | |||||||||||
| 14.9 | -11.8 | -8.3 | -9.3 | -19.8 | 4.4 | 20.1 | -27.6 | -12.2 | -3.5 | 21.7 | 6.9 |
| 2022 | |||||||||||
| -29.2 | -0.8 | -19.2 | -25 | -13 | -9.8 | 41.2 | 2.2 | -5.2 | -6.2 | 40.7 | -9.3 |
| 2021 | |||||||||||
| 11.9 | 10.6 | -7.4 | -2.5 | -17.1 | 25 | -10.9 | 17.9 | -3.8 | 20.6 | 9.5 | -20.3 |
EPS
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Q1 | 0.5 | 0.6 | 1 |
| Q2 | 0.5 | 0.5 | 0.7 |
| Q3 | 0.6 | -7.6 | 0.6 |
| Q4 | 0 | 1 | 1.1 |
| A | 1.62 | -5.5 | 3.4 |