Etsy took a dive on its latest earnings report. Here's why the stock could be headed lower. Etsy (ETSY 4.15%) issued yet another disappointing earnings report on Wednesday. Investors have been hoping for a turnaround after several quarters of flat growth, but Etsy's first-quarter earnings report came up short. The company reported another quarter of declining gross merchandise sales (GMS), the total dollar value of goods sold on the platform, and its guidance did little to stoke any expectations of a recove ...

The e-commerce stock delivered another disappointing earnings report. Shares of Etsy (ETSY -15.64%) were heading lower today after the online marketplace for handmade and vintage products posted another quarter of disappointing results, including flat revenue growth and a decline in profits. As a result, the stock was down 13.9% as of 1:14 p.m. ET. Etsy still needs help Etsy was a pandemic success story, but since then the business has seen virtually no growth, even as we're no more than two years past the ...

Key Takeaways Shares of e-commerce company Etsy fell sharply Thursday after the company released disappointing quarterly earnings after the bell Wednesday. Etsy's financial performance was in line with analysts' estimates, but total sales on the platform decreased year-over-year. CEO Josh Silverman said Etsy is operating in a "challenging environment" as consumers opt for the least expensive option for many products. Shares of Etsy, Inc. (ETSY) plummeted in Thursday morning trading after the e-commerce reta ...

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. Top Line in Detail Marketplace revenues were $466.98 million (72 ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

财务数据和关键指标变化 - 第一季度合并GMS为30亿美元,同比下降3.7%,其中有40个基点的汇率利好 [36] - 收入增长0.8%至6.46亿美元,调整后EBITDA为1.68亿美元,保持约26%的健康利润率 [36][42] - Etsy平台GMS同比下降5.3%,低于预期,主要受到宏观经济环境的压力 [49] - 合并毛利率略有提升,主要得益于成本管控和效率提升 [43] 各条业务线数据和关键指标变化 - Reverb和Depop业务均实现同比GMS增长,为合并业绩提供了支撑 [57] 各个市场数据和关键指标变化 - 美国以外市场GMS同比下降1.5%,英国和德国市场表现较弱,但瑞士、奥地利和荷兰市场实现增长 [53] - 美国市场GMS持续下滑,但进口业务表现较好 [53] 公司战略和发展方向及行业竞争 - 公司正在大幅提升对违规商品的打击力度,预计这将带来约50个基点的GMS负面影响 [21][22] - 公司正在努力提升商品质量和购物体验,包括优化搜索算法、提高商品展示和分类等 [23][24] - 公司正在加大营销力度,提升Etsy作为礼品购物目的地的认知度 [15][16][17] - 公司正在加强自有APP的推广,提升用户活跃度和复购率 [117][118][119] - 公司认为当前宏观环境压力仍在,但有信心通过上述举措在下半年实现业绩加速 [124][125][126] 管理层对经营环境和未来前景的评论 - 消费者支出受到高通胀和高利率的挤压,更倾向于购买日用品等必需品 [10][51][52] - 公司认为自身产品和营销举措需要更大力度来抵御宏观环境压力 [11] - 公司对自身产品和营销举措的效果充满信心,相信可以在下半年实现业绩加速 [124][125][126] 问答环节重要的提问和回答 问题1 **Maria Ripps 提问** 询问竞争环境是否会有所改善 [69][70][71] **Josh Silverman 回答** 认为竞争对手只是问题的表象,根本原因在于消费者支出压力,公司将继续专注于提升自身差异化 [70][71][72][73] 问题2 **Laura Champine 提问** 询问公司是否有信心在下半年实现业绩加速 [81][82] **Josh Silverman 和 Rachel Glaser 回答** 公司有信心下半年业绩会有所改善,但仍保持谨慎,因为宏观环境变化仍难以预测 [82][83][148][149][150][151][152][153] 问题3 **Ken Gawrelski 提问** 询问公司是否可以更加大胆和积极地推动业务增长 [136][137][138] **Josh Silverman 和 Rachel Glaser 回答** 公司正在采取更加大胆和快速的举措,如推出全新的礼品模式,并将继续在质量、营销等方面进行大投入,但同时也强调要保持成本管控和效率提升 [139][140][141][142][143][144][145][146][147]

Etsy (ETSY) reported $645.95 million in revenue for the quarter ended March 2024, representing a year-over- year increase of 0.8%. EPS of $0.48 for the same period compares to $0.53 a year ago. The reported revenue represents a surprise of -0.35% over the Zacks Consensus Estimate of $648.22 million. With the consensus EPS estimate being $0.49, the EPS surprise was -2.04%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Etsy (ETSY) came out with quarterly earnings of $0.48 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -2.04%. A quarter ago, it was expected that this online crafts marketplace would post earnings of $0.78 per share when it actually produced earnings of $0.78, delivering no surprise. Over the last four quarters, the company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-Q __________________________________ ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period endedMarch 31, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-36911 __________________________________ ETSY, INC. (Exact name of reg ...

总体业绩 - Etsy第一季度2024年度总体GMS为30亿美元，同比下降3.7%[2] - Etsy市场GMS为26亿美元，同比下降5.3%[3] - 活跃买家增长1.9%，达到91.6万人[4] 财务状况 - Etsy第一季度净收入为6.3亿美元，同比下降1150万美元[7] - 非GAAP调整后的EBITDA为1.679亿美元，占收入的26.0%[9] - Etsy第一季度现金及现金等价物为11亿美元[10] 预测展望 - Etsy预计第二季度GMS同比下降，但整体营收增长将超过GMS增长[28] - Etsy预计2024年调整后的EBITDA利润率将与2023年持平[29] 公司财务数据 - Etsy Inc. 2024年第一季度营收为645,954千美元，较2023年同期增长0.8%[41] - Etsy Inc. 2024年第一季度净利润为63,004千美元，较2023年同期下降15.5%[41] - Etsy Inc. 2024年第一季度调整后EBITDA为167,935千美元，较2023年同期下降1.4%[49] - Etsy Inc. 2024年第一季度调整后EBITDA利润率为26.0%[49] - Etsy Inc. 2024年第一季度现金及现金等价物净减少为125,486千美元[42] - Etsy Inc. 2024年第一季度总资产为2,497,671千美元，较2023年底减少6.9%[40] - Etsy Inc. 2024年第一季度总负债为3,081,432千美元，较2023年底减少4.8%[40] - Etsy Inc. 2024年第一季度现金等价物及受限现金净减少为125,486千美元[42] - Etsy Inc. 2024年第一季度货物销售的货币中性GMS增长率为-3.7%[44] - Etsy Inc. 2024年第一季度调整后EBITDA主要用于投资平台[45]