Etsy (NASDAQ: ETSY) reported Q2 EPS of $0.41, $0.04 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $647.81 million versus the consensus estimate of $629.32 million.

OUTLOOK

Q3 24 Guidance

GMS- We currently estimate that Consolidated GMS will decline in the low single digit range on a year-over-year basis.

Regarding our full-year 2024 outlook, we reiterate that consolidated adjusted EBITDA margin should come in at least the same as the 2023 result.

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