Etsy (NASDAQ: ETSY) reported Q3 EPS of $0.64, $0.14 better than the analyst estimate of $0.50. Revenue for the quarter came in at $636.3 million versus the consensus estimate of $631.27 million.

Financial Guidance and Outlook:

• GMS for Q4 2023 is currently estimated to decline in the low-single-digit range on a year-over-year basis. However, if trends worsen, that could become a mid-single-digit decline, and if trends improve GMS could be flat or even up slightly year-over-year.
• We estimate Q4 2023 take rate to be approximately 20.8%, down slightly on a sequential basis due to normal seasonality. This can be used to estimate revenue range for the quarter.
• Adjusted EBITDA margin for Q4 2023 is currently estimated to be between 26-27%.
• Please note that our guidance assumes currency exchange rates remain unchanged at current levels.

For earnings history and earnings-related data on Etsy (ETSY) click here.