Earnings Outlook For Etsy
Portfolio Pulse from Benzinga Insights
Etsy (NASDAQ:ETSY) is scheduled to release its quarterly earnings report on February 21, 2024. Analysts predict an EPS of $0.78. Historical data shows Etsy has previously beaten EPS estimates, leading to varying stock price changes. Shares are currently trading at $76.57, down 40.85% over the last year. Investors are keen on both the earnings outcome and the company's future guidance.
February 20, 2024 | 2:01 pm
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Etsy is anticipated to report a quarterly EPS of $0.78 on February 21, 2024. Historical performance shows varied stock price reactions to earnings outcomes. Currently, shares are down 40.85% over the past year, indicating potential investor concern.
Given Etsy's history of beating EPS estimates and the subsequent mixed stock price reactions, the upcoming earnings report could either bolster investor confidence or exacerbate concerns, especially considering the 40.85% decline in share price over the last year. The anticipation of future guidance further adds to the uncertainty, making it challenging to predict the short-term stock movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100