Market Overview

Etsy's Earnings: A Preview

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On Wednesday, August 05, Etsy (NASDAQ: ETSY) will release its latest earnings report. Benzinga's outlook for Etsy is included in the following report.

Earnings and Revenue

Etsy EPS is expected to be around $0.39, according to sell-side analysts. Sales will likely be near $329.95 million. Etsy reported a profit of $0.150 per share when it published results during the same quarter last year. Sales in that period totaled $181.09 million. The analyst consensus estimate would represent a 160.0% increase in the company's EPS figure. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.18 0.16 0.12 0.13
EPS Actual 0.10 0.25 0.12 0.15
Revenue Estimate 220.31 M 264.91 M 193.53 M 183.04 M
Revenue Actual 228.06 M 270.00 M 197.95 M 181.09 M

Stock Performance

Shares of Etsy were trading at $126.62 as of August 04. Over the last 52-week period, shares are up 128.01%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Etsy is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.etsy.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2393374&sessionid=1&key=64EB5BE3444F026A85517DA7E5313670&regTag=&sourcepage=register

 

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Posted-In: Earnings