Etsy (ETSY) Tops Q1 EPS by 10c
Etsy (NASDAQ: ETSY) reported Q1 EPS of $0.24, $0.10 better than the analyst estimate of $0.14. Revenue for the quarter came in at $169.3 million versus the consensus estimate of $170.06 million.
We are raising 2019 guidance for GMS and revenue growth, and reiterating our guidance range for Adjusted EBITDA margin.
2019 Guidance | 2019 Revised Guidance | |||
February 25, 2019 | May 8, 2019 | |||
GMS Year-Over-Year Growth | 17-20% | 18-21% | ||
~$4.6B - $4.7B | ~$4.6B - $4.8B | |||
Revenue Year-Over-Year Growth | 29-32% | 30-32% | ||
~$779M - $797M | ~$785M - $797M | |||
Adjusted EBITDA Margin* | 23-25% | 23-25% | ||
~$181M - $197M | ~$182M - $198M | |||
* Assumes the midpoint of our revenue guidance. |
For earnings history and earnings-related data on Etsy (ETSY) click here.