Compared to Estimates, Etsy (ETSY) Q4 Earnings: A Look at Key Metrics
Etsy (ETSY) reported $807.24 million in revenue for the quarter ended December 2022, representing a year-over-year increase of 12.6%. EPS of $0.77 for the same period compares to $1.11 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $753.91 million, representing a surprise of +7.07%. The company delivered an EPS surprise of -6.10%, with the consensus EPS estimate being $0.82.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Etsy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total GMS - (Gross Merchandise Sales): $4033.8 thousand compared to the $3845.3 thousand average estimate based on four analysts.
Active buyers: 95076 compared to the 95234.29 average estimate based on three analysts.
Revenue- Services: $207.08 million versus the four-analyst average estimate of $180.72 million. The reported number represents a year-over-year change of +17.7%.
Revenue- Marketplace: $600.16 million compared to the $568.93 million average estimate based on four analysts. The reported number represents a change of +10.9% year over year.
View all Key Company Metrics for Etsy here>>>
Shares of Etsy have returned -8.7% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Etsy, Inc. (ETSY) : Free Stock Analysis Report
