Etsy (ETSY) Tops Q2 EPS by 3c

Etsy (NASDAQ: ETSY) reported Q2 EPS of $0.45, $0.03 better than the analyst estimate of $0.42. Revenue for the quarter came in at $628.9 million versus the consensus estimate of $618.62 million.

• Consolidated GMS was largely flat at $3.0 billion, down 0.6% year-over-year and down 0.4% on a currency-neutral basis.
• Etsy marketplace GMS was $2.6 billion, down 0.7% year-over-year and down 0.4% on a currency-neutral basis.

GUIDANCE:

Etsy sees Q3 2023 revenue of $610-645 million, versus the consensus of $632.43 million.

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

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