Etsy (NASDAQ:ETSY) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Etsy missed estimated earnings by 3.64%, reporting an EPS of $0.53 versus an estimate of $0.55.
Revenue was up $61.61 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 2.44% increase in the share price the next day.
Here’s a look at Etsy’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.80 | 0.37 | 0.34 | 0.59 |
| EPS Actual | 0.77 | 0.58 | 0.51 | 0.60 |
| Revenue Estimate | 751.75M | 564.48M | 557.25M | 575.44M |
| Revenue Actual | 807.24M | 594.47M | 585.13M | 579.27M |
To track all earnings releases for Etsy visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
