Etsy shares slump on holiday quarter sales miss
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Etsy Inc's shares fell nearly 10% after the company reported holiday quarter sales that missed analyst expectations. Despite a record revenue of $852.2 million, the figure was below the anticipated $861.8 million.
February 19, 2025 | 4:00 pm
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Etsy's shares dropped nearly 10% due to holiday quarter sales missing expectations. The company reported $852.2 million in revenue, which was below the $861.8 million forecasted by analysts.
Etsy's stock price is likely to decline in the short term due to the negative market reaction to its earnings miss. The reported revenue was below analyst expectations, leading to a significant drop in share price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100